Laurel Oak Wealth Management LLC Decreases Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Laurel Oak Wealth Management LLC trimmed its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 36.1% in the first quarter, HoldingsChannel reports. The fund owned 14,286 shares of the company’s stock after selling 8,086 shares during the period. Laurel Oak Wealth Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,830,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in IWP. SmartHarvest Portfolios LLC purchased a new position in iShares Russell Mid-Cap Growth ETF in the 1st quarter worth $234,000. Falcon Wealth Planning lifted its stake in iShares Russell Mid-Cap Growth ETF by 13.8% in the first quarter. Falcon Wealth Planning now owns 146,291 shares of the company’s stock worth $18,743,000 after purchasing an additional 17,762 shares during the last quarter. Decker Retirement Planning Inc. boosted its position in iShares Russell Mid-Cap Growth ETF by 27.4% during the first quarter. Decker Retirement Planning Inc. now owns 1,296 shares of the company’s stock valued at $166,000 after buying an additional 279 shares during the period. LifeWealth Investments LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 48.8% during the first quarter. LifeWealth Investments LLC now owns 24,191 shares of the company’s stock valued at $3,099,000 after buying an additional 7,930 shares during the period. Finally, OLD National Bancorp IN grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.6% during the first quarter. OLD National Bancorp IN now owns 44,996 shares of the company’s stock valued at $5,765,000 after buying an additional 1,151 shares during the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Up 0.3%

IWP opened at $141.62 on Friday. The company has a market cap of $20.34 billion, a P/E ratio of 30.48 and a beta of 1.13. The business’s 50-day moving average price is $138.99 and its 200-day moving average price is $136.79. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $145.60.

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.