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

Western Wealth Management LLC decreased its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 42.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. 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 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in IWP. CIBC Private Wealth Group LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 103.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,309,901 shares of the company’s stock valued at $179,378,000 after buying an additional 667,479 shares during the last quarter. Fifth Third Bancorp grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 153.0% in the 1st quarter. Fifth Third Bancorp now owns 511,007 shares of the company’s stock valued at $65,470,000 after acquiring an additional 309,058 shares in the last quarter. First Command Advisory Services Inc. increased its position in shares of iShares Russell Mid-Cap Growth ETF by 8.0% in the fourth quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock valued at $525,778,000 after acquiring an additional 284,943 shares during the last quarter. Align Financial LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at about $38,443,000. Finally, BNP Paribas Financial Markets raised its holdings in iShares Russell Mid-Cap Growth ETF by 102.1% during the third quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock worth $71,347,000 after acquiring an additional 253,151 shares in the last quarter. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA IWP opened at $144.86 on Wednesday. The stock has a 50 day moving average price of $140.88 and a 200 day moving average price of $137.06. The stock has a market capitalization of $20.85 billion, a PE ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $146.64.

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.