iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by UMB Bank n.a.

UMB Bank n.a. decreased its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 18.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 72,955 shares of the company’s stock after selling 16,728 shares during the period. UMB Bank n.a.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $10,390,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. First Command Advisory Services Inc. boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 80,392.3% in the third quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock worth $506,202,000 after buying an additional 3,550,122 shares during the period. Ameriprise Financial Inc. boosted its holdings in iShares Russell Mid-Cap Growth ETF by 1.1% in the second quarter. Ameriprise Financial Inc. now owns 2,524,819 shares of the company’s stock worth $350,422,000 after purchasing an additional 26,620 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in iShares Russell Mid-Cap Growth ETF by 3.2% during the second quarter. Envestnet Asset Management Inc. now owns 1,990,778 shares of the company’s stock worth $276,081,000 after purchasing an additional 61,149 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in iShares Russell Mid-Cap Growth ETF by 13.5% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 1,821,506 shares of the company’s stock worth $259,401,000 after acquiring an additional 217,051 shares during the last quarter. Finally, First Citizens Bank & Trust Co. increased its position in iShares Russell Mid-Cap Growth ETF by 14.2% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 1,697,745 shares of the company’s stock worth $241,776,000 after buying an additional 211,174 shares during the period. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP opened at $135.65 on Friday. iShares Russell Mid-Cap Growth ETF has a 52-week low of $99.85 and a 52-week high of $145.60. The company has a market cap of $20.09 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15. The firm’s 50-day moving average is $139.10 and its 200-day moving average is $140.54.

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). 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.