iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by HighTower Advisors LLC

HighTower Advisors LLC trimmed its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 29.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 235,326 shares of the company’s stock after selling 96,879 shares during the period. HighTower Advisors LLC owned 0.16% of iShares Russell Mid-Cap Growth ETF worth $32,226,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. First Citizens Bank & Trust Co. boosted its holdings in iShares Russell Mid-Cap Growth ETF by 14.2% in the third quarter. First Citizens Bank & Trust Co. now owns 1,697,745 shares of the company’s stock valued at $241,776,000 after purchasing an additional 211,174 shares during the last quarter. American Wealth Advisors LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF in the third quarter valued at $1,954,000. Cullen Frost Bankers Inc. boosted its holdings in iShares Russell Mid-Cap Growth ETF by 25.0% in the third quarter. Cullen Frost Bankers Inc. now owns 1,194,862 shares of the company’s stock valued at $170,160,000 after purchasing an additional 238,826 shares during the last quarter. Congress Asset Management Co. boosted its holdings in iShares Russell Mid-Cap Growth ETF by 118.3% in the fourth quarter. Congress Asset Management Co. now owns 458,580 shares of the company’s stock valued at $62,798,000 after purchasing an additional 248,474 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 29.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock valued at $2,246,000 after purchasing an additional 3,769 shares during the last quarter. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP opened at $139.44 on Friday. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $145.60. The firm has a market cap of $20.03 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13. The firm’s fifty day moving average is $133.41 and its two-hundred day moving average is $136.15.

iShares Russell Mid-Cap Growth ETF 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.