LifeWealth Investments LLC Sells 10,929 Shares of iShares Russell Mid-Cap Growth ETF $IWP

LifeWealth Investments LLC decreased its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 43.5% in the third quarter, Holdings Channel reports. The fund owned 14,205 shares of the company’s stock after selling 10,929 shares during the quarter. LifeWealth Investments LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,023,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWP. Investment Partners LTD. raised its position in iShares Russell Mid-Cap Growth ETF by 6.2% during the 2nd quarter. Investment Partners LTD. now owns 40,415 shares of the company’s stock valued at $5,605,000 after purchasing an additional 2,371 shares in the last quarter. DAVENPORT & Co LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 35.0% during the second quarter. DAVENPORT & Co LLC now owns 5,918 shares of the company’s stock valued at $821,000 after buying an additional 1,535 shares during the period. Atlantic Union Bankshares Corp raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 212.5% in the second quarter. Atlantic Union Bankshares Corp now owns 19,361 shares of the company’s stock valued at $2,685,000 after acquiring an additional 13,165 shares in the last quarter. Advyzon Investment Management LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the second quarter valued at about $419,000. Finally, Avantax Advisory Services Inc. grew its holdings in iShares Russell Mid-Cap Growth ETF by 2.8% during the 2nd quarter. Avantax Advisory Services Inc. now owns 89,685 shares of the company’s stock worth $12,437,000 after acquiring an additional 2,437 shares in the last quarter. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP opened at $139.01 on Tuesday. The firm has a 50-day simple moving average of $139.03 and a 200-day simple moving average of $140.17. iShares Russell Mid-Cap Growth ETF has a one year low of $99.85 and a one year high of $145.60. The firm has a market cap of $20.32 billion, a P/E ratio of 30.48 and a beta of 1.15.

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.