iShares Russell Mid-Cap Growth ETF $IWP Stock Sold by SVB Wealth LLC

SVB Wealth LLC lessened its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 12.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 148,761 shares of the company’s stock after selling 20,463 shares during the quarter. iShares Russell Mid-Cap Growth ETF accounts for about 1.4% of SVB Wealth LLC’s holdings, making the stock its 16th biggest holding. SVB Wealth LLC owned approximately 0.11% of iShares Russell Mid-Cap Growth ETF worth $20,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently bought and sold shares of IWP. Russell Investments Group Ltd. boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 378.5% during the third quarter. Russell Investments Group Ltd. now owns 6,307 shares of the company’s stock worth $868,000 after buying an additional 4,989 shares during the period. CENTRAL TRUST Co grew its position in iShares Russell Mid-Cap Growth ETF by 17.8% in the 3rd quarter. CENTRAL TRUST Co now owns 11,190 shares of the company’s stock valued at $1,541,000 after acquiring an additional 1,692 shares in the last quarter. Bayban purchased a new stake in iShares Russell Mid-Cap Growth ETF during the third quarter worth about $901,000. Jacobi Capital Management LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the third quarter worth about $95,000. Finally, Silver Grove Financial Group Inc. purchased a new stake in iShares Russell Mid-Cap Growth ETF during the third quarter worth about $37,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $130.27 on Friday. The stock has a market capitalization of $18.31 billion, a PE ratio of 27.78 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.40 and a 1 year high of $148.29. The company’s 50-day simple moving average is $136.25 and its 200-day simple moving average is $137.28.

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.