iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by LWM Advisors Inc.

LWM Advisors Inc. lowered its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.2% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 32,272 shares of the company’s stock after selling 76 shares during the period. iShares Russell Mid-Cap Growth ETF makes up about 4.3% of LWM Advisors Inc.’s investment portfolio, making the stock its 8th largest position. LWM Advisors Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $4,475,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Investmark Advisory Group LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 1.5% during the 1st quarter. Investmark Advisory Group LLC now owns 5,821 shares of the company’s stock worth $684,000 after acquiring an additional 85 shares during the period. Capital Investment Advisory Services LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 69.6% during the 1st quarter. Capital Investment Advisory Services LLC now owns 229 shares of the company’s stock worth $27,000 after acquiring an additional 94 shares during the period. Integrity Financial Corp WA lifted its position in iShares Russell Mid-Cap Growth ETF by 25.3% during the 1st quarter. Integrity Financial Corp WA now owns 480 shares of the company’s stock worth $56,000 after acquiring an additional 97 shares during the period. Builder Investment Group Inc. ADV lifted its position in iShares Russell Mid-Cap Growth ETF by 0.6% during the 1st quarter. Builder Investment Group Inc. ADV now owns 16,466 shares of the company’s stock worth $1,935,000 after acquiring an additional 100 shares during the period. Finally, Golden State Equity Partners lifted its position in iShares Russell Mid-Cap Growth ETF by 1.1% during the 1st quarter. Golden State Equity Partners now owns 9,782 shares of the company’s stock worth $1,149,000 after acquiring an additional 107 shares during the period. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Down 0.7%

iShares Russell Mid-Cap Growth ETF stock opened at $144.23 on Friday. iShares Russell Mid-Cap Growth ETF has a twelve month low of $99.85 and a twelve month high of $145.50. The stock has a 50 day moving average of $140.97 and a two-hundred day moving average of $130.72. The stock has a market capitalization of $20.62 billion, a price-to-earnings ratio of 30.48 and a beta of 1.10.

About iShares Russell Mid-Cap Growth ETF

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).