Cetera Investment Advisers Decreases Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Cetera Investment Advisers decreased its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 3.8% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 690,014 shares of the company’s stock after selling 27,400 shares during the period. Cetera Investment Advisers owned 0.48% of iShares Russell Mid-Cap Growth ETF worth $88,405,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWP. Richards Merrill & Peterson Inc. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth approximately $25,000. CNB Bank grew its holdings in iShares Russell Mid-Cap Growth ETF by 478.8% during the fourth 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. Beaird Harris Wealth Management LLC increased its position in 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 worth $28,000 after buying an additional 110 shares during the last quarter. Hilton Head Capital Partners LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at $27,000. Finally, Imprint Wealth LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter valued at $29,000. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

IWP stock opened at $138.40 on Friday. The stock has a fifty day moving average of $140.82 and a 200-day moving average of $137.14. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $122.94 and a fifty-two week high of $146.64. The company has a market capitalization of $20.02 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12.

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). 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.