iShares Russell Mid-Cap Growth ETF $IWP is Wescott Financial Advisory Group LLC’s 4th Largest Position

Wescott Financial Advisory Group LLC cut its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 3.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 348,373 shares of the company’s stock after selling 12,690 shares during the quarter. iShares Russell Mid-Cap Growth ETF makes up approximately 4.6% of Wescott Financial Advisory Group LLC’s investment portfolio, making the stock its 4th largest position. Wescott Financial Advisory Group LLC owned approximately 0.25% of iShares Russell Mid-Cap Growth ETF worth $48,312,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Kingstone Capital Partners Texas LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 744,932.0% during 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 purchasing an additional 14,563,421 shares in the last quarter. Jones Financial Companies Lllp grew its position 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 buying an additional 323,885 shares during the period. Commonwealth Equity Services LLC increased its holdings 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 buying an additional 16,694 shares in the last quarter. LPL Financial LLC raised its position in shares of 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 acquiring an additional 144,339 shares during the period. Finally, Envestnet Asset Management Inc. raised its position in shares of iShares Russell Mid-Cap Growth ETF by 3.2% in the second quarter. Envestnet Asset Management Inc. now owns 1,990,778 shares of the company’s stock worth $276,081,000 after acquiring an additional 61,149 shares during the period. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Down 1.9%

NYSEARCA:IWP opened at $134.27 on Tuesday. iShares Russell Mid-Cap Growth ETF has a 52 week low of $99.85 and a 52 week high of $145.60. The stock’s 50-day moving average price is $142.16 and its 200-day moving average price is $138.86. The stock has a market capitalization of $19.62 billion, a PE ratio of 30.48 and a beta of 1.15.

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).