iShares Russell Mid-Cap Growth ETF $IWP Stock: First Command Advisory Services Inc. Trims Holdings

First Command Advisory Services Inc. lessened its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 99.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,238 shares of the company’s stock after selling 3,903,437 shares during the quarter. First Command Advisory Services Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $5,265,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Bryn Mawr Trust Advisors LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 190.4% during the 1st quarter. Bryn Mawr Trust Advisors LLC now owns 14,812 shares of the company’s stock worth $1,898,000 after purchasing an additional 9,712 shares in the last quarter. Whitaker Myers Wealth Managers LTD. grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 7.8% during the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 154,430 shares of the company’s stock worth $22,610,000 after purchasing an additional 11,127 shares during the period. BIP Wealth LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the 2nd quarter valued at about $823,000. Envestnet Asset Management Inc. increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock valued at $858,908,000 after purchasing an additional 93,924 shares in the last quarter. Finally, Corient Private Wealth LP lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 17.3% in the second quarter. Corient Private Wealth LP now owns 163,106 shares of the company’s stock valued at $23,881,000 after purchasing an additional 24,099 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Up 2.1%

Shares of NYSEARCA IWP opened at $131.64 on Thursday. The stock has a market capitalization of $18.49 billion, a price-to-earnings ratio of 27.78 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.40 and a 52 week high of $148.29. The firm has a 50-day moving average price of $136.39 and a 200 day moving average price of $137.33.

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.