4,758 iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC trimmed its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 50.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,604 shares of the company’s stock after selling 4,758 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $634,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in IWP. Envestnet Asset Management Inc. increased its holdings in iShares Russell Mid-Cap Growth ETF by 1.6% in the second quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock worth $858,908,000 after buying an additional 93,924 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 1.9% in the first quarter. Cassaday & Co Wealth Management LLC now owns 2,184,734 shares of the company’s stock valued at $279,908,000 after acquiring an additional 41,659 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in iShares Russell Mid-Cap Growth ETF by 5.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,486,576 shares of the company’s stock valued at $217,650,000 after acquiring an additional 71,020 shares during the last quarter. Stephens Group Asset Management LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 12.6% in the third quarter. Stephens Group Asset Management LLC now owns 633,950 shares of the company’s stock valued at $87,282,000 after acquiring an additional 70,933 shares during the last quarter. Finally, Fifth Third Bancorp grew its position in iShares Russell Mid-Cap Growth ETF by 153.0% in the first quarter. Fifth Third Bancorp now owns 511,007 shares of the company’s stock worth $65,470,000 after acquiring an additional 309,058 shares in the last quarter. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Down 0.3%

IWP stock opened at $132.81 on Friday. The firm has a 50 day moving average of $139.33 and a two-hundred day moving average of $139.30. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $148.29. The company has a market capitalization of $18.68 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13.

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.