iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC reduced its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 6.9% during the first quarter, Holdings Channel reports. The firm owned 73,153 shares of the company’s stock after selling 5,427 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $9,372,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in IWP. Revolve Wealth Partners LLC boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after acquiring an additional 182 shares in the last quarter. AQR Capital Management LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 59.9% during the first quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock worth $337,000 after purchasing an additional 1,074 shares during the period. First Trust Advisors LP acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the second quarter worth $257,000. Qube Research & Technologies Ltd lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 22.6% during the second quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock valued at $16,092,000 after purchasing an additional 21,353 shares during the last quarter. Finally, Peapack Gladstone Financial Corp lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 17.2% during the second quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock valued at $6,960,000 after purchasing an additional 7,376 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 Down 1.4%

NYSEARCA:IWP opened at $142.96 on Friday. The stock has a fifty day simple moving average of $139.60 and a 200 day simple moving average of $136.91. The firm has a market capitalization of $21.05 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $146.64.

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.