Wealthspire Advisors LLC Sells 131,423 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Wealthspire Advisors LLC lessened its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 48.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 141,603 shares of the company’s stock after selling 131,423 shares during the quarter. Wealthspire Advisors LLC owned about 0.10% of iShares Russell Mid-Cap Growth ETF worth $19,391,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWP. American Wealth Advisors LLC bought a new position in iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at about $1,954,000. Concurrent Investment Advisors LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 29.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock valued at $2,246,000 after acquiring an additional 3,769 shares in the last quarter. AE Wealth Management LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 6.7% in the 4th quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock valued at $13,039,000 after acquiring an additional 5,971 shares in the last quarter. Johnson Financial Group Inc. lifted its position in iShares Russell Mid-Cap Growth ETF by 29.7% in the 3rd quarter. Johnson Financial Group Inc. now owns 46,403 shares of the company’s stock valued at $6,608,000 after acquiring an additional 10,615 shares in the last quarter. Finally, Congress Asset Management Co. lifted its position in iShares Russell Mid-Cap Growth ETF by 118.3% in the 4th quarter. Congress Asset Management Co. now owns 458,580 shares of the company’s stock valued at $62,798,000 after acquiring an additional 248,474 shares in the last quarter. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA IWP opened at $140.80 on Friday. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $122.94 and a fifty-two week high of $145.60. The stock has a market cap of $20.23 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13. The firm’s 50-day simple moving average is $136.97 and its 200 day simple moving average is $136.53.

iShares Russell Mid-Cap Growth ETF Profile

iShares Russell Mid-Cap Growth ETF, formerly iShares Russell Midcap Growth Index Fund (the Growth Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell Midcap Growth Index (the Growth Index). The Index measures the performance of the mid-capitalization growth sector of the United States equity market. It is a subset of the Russell Midcap Index and measures the performance of equity securities of Russell Midcap Index issuers with relatively higher price-to-book ratios and higher forecasted growth.