iShares Russell Mid-Cap Growth ETF $IWP Holdings Trimmed by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. reduced its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 29.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 880,406 shares of the company’s stock after selling 362,541 shares during the quarter. iShares Russell Mid-Cap Growth ETF makes up about 1.7% of First Citizens Bank & Trust Co.’s holdings, making the stock its 14th biggest holding. First Citizens Bank & Trust Co.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $121,214,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in IWP. Krilogy Financial LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 8.6% in the first quarter. Krilogy Financial LLC now owns 306,523 shares of the company’s stock worth $41,402,000 after buying an additional 24,345 shares in the last quarter. Kestra Private Wealth Services LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 6.4% in the first quarter. Kestra Private Wealth Services LLC now owns 157,268 shares of the company’s stock worth $20,149,000 after buying an additional 9,429 shares during the period. Bryn Mawr Trust Advisors LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 190.4% in the first quarter. Bryn Mawr Trust Advisors LLC now owns 14,812 shares of the company’s stock worth $1,898,000 after buying an additional 9,712 shares during the period. Whitaker Myers Wealth Managers LTD. boosted its position in iShares Russell Mid-Cap Growth ETF by 7.8% during the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 154,430 shares of the company’s stock valued at $22,610,000 after acquiring an additional 11,127 shares in the last quarter. Finally, Bayban bought a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at approximately $843,000. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

IWP stock opened at $140.45 on Wednesday. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $122.94 and a fifty-two week high of $148.29. The business’s 50 day moving average price is $140.83 and its two-hundred day moving average price is $138.95. The company has a market capitalization of $19.73 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13.

About iShares Russell Mid-Cap Growth ETF

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.