Pacific Life Fund Advisors LLC Has $77.75 Million Stock Position in iShares Russell Mid-Cap Growth ETF $IWP

Pacific Life Fund Advisors LLC decreased its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 7.0% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 606,847 shares of the company’s stock after selling 45,632 shares during the quarter. iShares Russell Mid-Cap Growth ETF makes up approximately 8.9% of Pacific Life Fund Advisors LLC’s holdings, making the stock its 4th largest holding. Pacific Life Fund Advisors LLC owned about 0.42% of iShares Russell Mid-Cap Growth ETF worth $77,749,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Richards Merrill & Peterson Inc. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter worth $25,000. CNB Bank boosted its holdings in iShares Russell Mid-Cap Growth ETF by 478.8% in the fourth quarter. CNB Bank now owns 191 shares of the company’s stock valued at $26,000 after acquiring an additional 158 shares during the last quarter. Beaird Harris Wealth Management LLC increased its position in iShares Russell Mid-Cap Growth ETF by 125.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the period. Hilton Head Capital Partners LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter worth about $27,000. Finally, Imprint Wealth LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF in the third quarter worth about $29,000. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA:IWP opened at $142.55 on Monday. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $146.64. The stock has a market capitalization of $20.90 billion, a P/E ratio of 30.48 and a beta of 1.12. The business has a 50-day moving average price of $140.50 and a two-hundred day moving average price of $137.11.

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.