FineMark National Bank & Trust Reduces Stock Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

FineMark National Bank & Trust lowered its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 24,680 shares of the company’s stock after selling 1,048 shares during the period. FineMark National Bank & Trust’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,578,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Authentikos Wealth Advisory LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the third quarter valued at $29,000. ORG Partners LLC increased its position in iShares Russell Mid-Cap Growth ETF by 73.4% during the 4th quarter. ORG Partners LLC now owns 274 shares of the company’s stock worth $29,000 after purchasing an additional 116 shares in the last quarter. Life Planning Partners Inc purchased a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter worth about $30,000. Tidemark LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter worth about $30,000. Finally, Northwest Financial Advisors purchased a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter worth about $42,000.

iShares Russell Mid-Cap Growth ETF Stock Performance

iShares Russell Mid-Cap Growth ETF stock traded up $1.21 during midday trading on Friday, reaching $111.23. 132,015 shares of the company were exchanged, compared to its average volume of 777,413. The company has a market capitalization of $14.39 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. The firm’s 50-day simple moving average is $110.65 and its 200-day simple moving average is $105.91. iShares Russell Mid-Cap Growth ETF has a 1 year low of $85.24 and a 1 year high of $114.60.

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).