Western Wealth Management LLC Sells 10,677 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Western Wealth Management LLC lessened its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 42.0% during the 1st quarter, HoldingsChannel reports. The fund owned 14,772 shares of the company’s stock after selling 10,677 shares during the quarter. Western Wealth Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,893,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. AE Wealth Management LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 6.7% in the 4th quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock valued at $13,039,000 after purchasing an additional 5,971 shares during the period. Concurrent Investment Advisors LLC grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 29.8% during the fourth quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock worth $2,246,000 after purchasing an additional 3,769 shares during the period. Krilogy Financial LLC grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 5.7% during the fourth quarter. Krilogy Financial LLC now owns 282,178 shares of the company’s stock worth $39,401,000 after purchasing an additional 15,331 shares during the period. BCS Wealth Management bought a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at about $2,216,000. Finally, Kelsey Financial LLC bought a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at about $3,940,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 0.3%

NYSEARCA:IWP opened at $137.04 on Friday. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $146.64. The firm has a market capitalization of $19.73 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. The business’s 50-day moving average price is $140.77 and its two-hundred day moving average price is $136.99.

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.