Parsons Capital Management Inc. RI Has $240,000 Stock Position in iShares Russell Mid-Cap Growth ETF $IWP

Parsons Capital Management Inc. RI reduced its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 42.3% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,731 shares of the company’s stock after selling 1,268 shares during the period. Parsons Capital Management Inc. RI’s holdings in iShares Russell Mid-Cap Growth ETF were worth $240,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 744,932.0% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 14,565,376 shares of the company’s stock valued at $2,019,926,000 after acquiring an additional 14,563,421 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in iShares Russell Mid-Cap Growth ETF by 7.1% during the first quarter. Jones Financial Companies Lllp now owns 4,861,523 shares of the company’s stock valued at $571,855,000 after purchasing an additional 323,885 shares during the period. Commonwealth Equity Services LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 0.7% in the first quarter. Commonwealth Equity Services LLC now owns 2,497,849 shares of the company’s stock valued at $293,472,000 after purchasing an additional 16,694 shares in the last quarter. LPL Financial LLC raised its holdings in iShares Russell Mid-Cap Growth ETF by 6.7% in the first quarter. LPL Financial LLC now owns 2,298,746 shares of the company’s stock worth $269,980,000 after purchasing an additional 144,339 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 19.0% in the first quarter. Envestnet Asset Management Inc. now owns 1,929,629 shares of the company’s stock worth $226,712,000 after purchasing an additional 308,531 shares during the period. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Down 0.4%

Shares of NYSEARCA IWP opened at $142.93 on Friday. iShares Russell Mid-Cap Growth ETF has a twelve month low of $99.85 and a twelve month high of $145.50. The stock has a market cap of $20.82 billion, a price-to-earnings ratio of 30.48 and a beta of 1.10. The company’s fifty day moving average is $142.10 and its 200-day moving average is $132.99.

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).