iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Stock Position Decreased by Wealth Alliance

Wealth Alliance lessened its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWPFree Report) by 33.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 2,553 shares of the company’s stock after selling 1,272 shares during the quarter. Wealth Alliance’s holdings in iShares Russell Mid-Cap Growth ETF were worth $233,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWP. MAS Advisors LLC grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 46.6% in the 1st quarter. MAS Advisors LLC now owns 5,034 shares of the company’s stock valued at $513,000 after purchasing an additional 1,599 shares during the period. Rhumbline Advisers boosted its stake in iShares Russell Mid-Cap Growth ETF by 38.9% in the 1st quarter. Rhumbline Advisers now owns 8,439 shares of the company’s stock valued at $848,000 after buying an additional 2,363 shares in the last quarter. Cibc World Market Inc. bought a new stake in iShares Russell Mid-Cap Growth ETF in the first quarter valued at $505,000. Merit Financial Group LLC bought a new stake in iShares Russell Mid-Cap Growth ETF in the first quarter valued at $285,000. Finally, NewEdge Advisors LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 4.6% during the first quarter. NewEdge Advisors LLC now owns 77,406 shares of the company’s stock worth $7,779,000 after acquiring an additional 3,379 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

IWP opened at $109.17 on Tuesday. The firm has a market cap of $14.82 billion, a price-to-earnings ratio of 25.03 and a beta of 1.10. The firm’s 50-day simple moving average is $103.63 and its 200-day simple moving average is $96.92. iShares Russell Mid-Cap Growth ETF has a twelve month low of $85.00 and a twelve month high of $109.81.

About iShares Russell Mid-Cap Growth ETF

(Free Report)

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).

Further Reading

Want to see what other hedge funds are holding IWP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWPFree Report).

Institutional Ownership by Quarter for iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Receive News & Ratings for iShares Russell Mid-Cap Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell Mid-Cap Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.