Saxon Interests Inc. Lowers Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Saxon Interests Inc. reduced its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 46.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,008 shares of the company’s stock after selling 5,235 shares during the quarter. Saxon Interests Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $770,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Marino Stram & Associates LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF in the 1st quarter worth approximately $202,000. Orin Green Financial LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 0.9% during the 1st quarter. Orin Green Financial LLC now owns 8,767 shares of the company’s stock valued at $1,123,000 after purchasing an additional 80 shares in the last quarter. Clearwave Capital LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.5% in the 1st quarter. Clearwave Capital LLC now owns 6,686 shares of the company’s stock valued at $857,000 after purchasing an additional 161 shares during the period. Horst & Graben Wealth Management LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.1% in the 1st quarter. Horst & Graben Wealth Management LLC now owns 16,599 shares of the company’s stock valued at $2,256,000 after purchasing an additional 183 shares during the period. Finally, Clare Market Investments LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the first quarter worth $200,000. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Performance

IWP stock opened at $141.94 on Wednesday. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $146.64. The firm’s fifty day moving average is $140.01 and its 200 day moving average is $137.02. The firm has a market cap of $20.79 billion, a PE ratio of 30.48 and a beta of 1.12.

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). 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.