Freestone Capital Holdings LLC Lowers Stock Position in iShares Russell Mid-Cap Growth ETF $IWP

Freestone Capital Holdings LLC decreased its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 55,091 shares of the company’s stock after selling 600 shares during the quarter. Freestone Capital Holdings LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $7,640,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Bank of Montreal Can boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 4.3% in the 2nd quarter. Bank of Montreal Can now owns 156,769 shares of the company’s stock worth $21,741,000 after buying an additional 6,493 shares in the last quarter. Snider Financial Group grew its position in shares of iShares Russell Mid-Cap Growth ETF by 20.2% in the second quarter. Snider Financial Group now owns 3,905 shares of the company’s stock valued at $542,000 after purchasing an additional 655 shares during the period. MMA Asset Management LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF in the 2nd quarter valued at about $207,000. Sigma Planning Corp raised its stake in iShares Russell Mid-Cap Growth ETF by 1.7% during the second quarter. Sigma Planning Corp now owns 34,878 shares of the company’s stock worth $4,837,000 after purchasing an additional 594 shares during the period. Finally, Prosperity Wealth Management Inc. acquired a new position in iShares Russell Mid-Cap Growth ETF in the second quarter valued at $2,901,000. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Up 1.2%

Shares of IWP stock opened at $142.02 on Monday. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $145.60. The firm’s 50 day moving average price is $142.96 and its two-hundred day moving average price is $137.19. The stock has a market cap of $20.76 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15.

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).