iShares Russell Mid-Cap Growth ETF $IWP Stock Sold by Sowell Financial Services LLC

Sowell Financial Services LLC decreased its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 50.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,604 shares of the company’s stock after selling 4,758 shares during the quarter. Sowell Financial Services LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $634,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Bryn Mawr Trust Advisors LLC raised its position in iShares Russell Mid-Cap Growth ETF by 190.4% during the 1st quarter. Bryn Mawr Trust Advisors LLC now owns 14,812 shares of the company’s stock worth $1,898,000 after buying an additional 9,712 shares during the last quarter. Whitaker Myers Wealth Managers LTD. lifted its position in iShares Russell Mid-Cap Growth ETF by 7.8% during the second quarter. Whitaker Myers Wealth Managers LTD. now owns 154,430 shares of the company’s stock worth $22,610,000 after buying an additional 11,127 shares during the period. BIP Wealth LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF during the second quarter worth about $823,000. Envestnet Asset Management Inc. increased its position in shares of iShares Russell Mid-Cap Growth ETF by 1.6% in the second quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock worth $858,908,000 after acquiring an additional 93,924 shares in the last quarter. Finally, Corient Private Wealth LP raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 17.3% during the second quarter. Corient Private Wealth LP now owns 163,106 shares of the company’s stock valued at $23,881,000 after purchasing an additional 24,099 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Down 1.2%

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $130.10 on Tuesday. The business has a 50-day moving average price of $138.19 and a 200 day moving average price of $137.74. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $122.94 and a fifty-two week high of $148.29. The firm has a market cap of $18.30 billion, a P/E ratio of 30.48 and a beta of 1.13.

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.