iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by Stephens Inc. AR

Stephens Inc. AR trimmed its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.8% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 523,361 shares of the company’s stock after selling 26,503 shares during the quarter. iShares Russell Mid-Cap Growth ETF makes up about 0.8% of Stephens Inc. AR’s investment portfolio, making the stock its 19th largest holding. Stephens Inc. AR’s holdings in iShares Russell Mid-Cap Growth ETF were worth $67,066,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Richards Merrill & Peterson Inc. bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $25,000. CNB Bank boosted its stake in iShares Russell Mid-Cap Growth ETF by 478.8% during the 4th quarter. CNB Bank now owns 191 shares of the company’s stock valued at $26,000 after purchasing an additional 158 shares during the period. Hilton Head Capital Partners LLC bought a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter worth about $27,000. Beaird Harris Wealth Management LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 125.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares during the period. Finally, Sfam LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at approximately $28,000. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA IWP opened at $142.96 on Monday. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $146.64. The company has a market cap of $20.96 billion, a PE ratio of 30.48 and a beta of 1.12. The stock has a 50 day simple moving average of $139.72 and a 200-day simple moving average of $136.94.

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.