Pacific Life Fund Advisors LLC Has $99.97 Million Stock Position in iShares Russell Mid-Cap Growth ETF $IWP

Pacific Life Fund Advisors LLC lowered its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 8.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 701,989 shares of the company’s stock after selling 61,177 shares during the period. iShares Russell Mid-Cap Growth ETF makes up about 10.3% of Pacific Life Fund Advisors LLC’s holdings, making the stock its 2nd biggest position. Pacific Life Fund Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $99,970,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the business. Financial Gravity Companies Inc. bought a new stake in iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at $28,000. Abound Wealth Management raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 223.2% during the 3rd quarter. Abound Wealth Management now owns 223 shares of the company’s stock valued at $32,000 after purchasing an additional 154 shares during the period. Clean Yield Group bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter valued at $33,000. Ryan Investment Management Inc. purchased a new stake in iShares Russell Mid-Cap Growth ETF during the 2nd quarter worth about $36,000. Finally, Berkshire Money Management Inc. bought a new position in iShares Russell Mid-Cap Growth ETF in the 2nd quarter worth about $45,000. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Up 0.3%

Shares of IWP opened at $141.33 on Tuesday. The business’s 50-day moving average price is $138.37 and its 200-day moving average price is $140.45. iShares Russell Mid-Cap Growth ETF has a twelve month low of $99.85 and a twelve month high of $145.60. The stock has a market cap of $21.16 billion, a PE ratio of 30.48 and a beta of 1.15.

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.