Mesirow Financial Investment Management Inc. Sells 53,438 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Mesirow Financial Investment Management Inc. lowered its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 37.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,423 shares of the company’s stock after selling 53,438 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $12,246,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in IWP. Revolve Wealth Partners LLC grew its position in iShares Russell Mid-Cap Growth ETF by 2.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock valued at $934,000 after purchasing an additional 182 shares in the last quarter. AQR Capital Management LLC grew its position in iShares Russell Mid-Cap Growth ETF by 59.9% in the first quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock valued at $337,000 after purchasing an additional 1,074 shares in the last quarter. First Trust Advisors LP bought a new position in iShares Russell Mid-Cap Growth ETF in the second quarter valued at $257,000. Qube Research & Technologies Ltd grew its position in iShares Russell Mid-Cap Growth ETF by 22.6% in the second quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock valued at $16,092,000 after purchasing an additional 21,353 shares in the last quarter. Finally, Peapack Gladstone Financial Corp grew its position in iShares Russell Mid-Cap Growth ETF by 17.2% in the second quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock valued at $6,960,000 after purchasing an additional 7,376 shares in the last quarter. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 0.2%

iShares Russell Mid-Cap Growth ETF stock opened at $136.40 on Thursday. The company has a market cap of $19.59 billion, a P/E ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $145.60. The company has a fifty day simple moving average of $133.07 and a 200 day simple moving average of $136.40.

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.