Commonwealth Financial Services LLC Cuts Stock Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Commonwealth Financial Services LLC decreased its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 8.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,360 shares of the company’s stock after selling 1,400 shares during the quarter. Commonwealth Financial Services LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,805,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Bank of America Corp DE boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 2.2% during the 4th quarter. Bank of America Corp DE now owns 7,281,997 shares of the company’s stock valued at $922,993,000 after acquiring an additional 154,005 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 0.7% during the 1st quarter. Commonwealth Equity Services LLC now owns 2,497,849 shares of the company’s stock valued at $293,472,000 after acquiring an additional 16,694 shares during the last quarter. LPL Financial LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 6.7% during the 1st quarter. LPL Financial LLC now owns 2,298,746 shares of the company’s stock valued at $269,980,000 after acquiring an additional 144,339 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 19.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,929,629 shares of the company’s stock valued at $226,712,000 after acquiring an additional 308,531 shares during the last quarter. Finally, US Bancorp DE boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 5.1% during the 1st quarter. US Bancorp DE now owns 1,561,171 shares of the company’s stock valued at $183,422,000 after acquiring an additional 75,807 shares during the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Up 0.3%

Shares of IWP stock opened at $141.05 on Thursday. The company’s 50-day moving average price is $137.61 and its 200-day moving average price is $129.47. The stock has a market cap of $19.66 billion, a price-to-earnings ratio of 30.48 and a beta of 1.10. iShares Russell Mid-Cap Growth ETF has a twelve month low of $99.85 and a twelve month high of $143.83.

iShares Russell Mid-Cap Growth ETF Company 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).