Johnson Financial Group Inc. Sells 9,148 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Johnson Financial Group Inc. lessened its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 19.7% during the 1st quarter, Holdings Channel.com reports. The firm owned 37,298 shares of the company’s stock after selling 9,148 shares during the quarter. Johnson Financial Group Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $4,779,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of IWP. Richards Merrill & Peterson Inc. acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at about $25,000. CNB Bank boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 478.8% in the fourth quarter. CNB Bank now owns 191 shares of the company’s stock worth $26,000 after buying an additional 158 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at approximately $27,000. Beaird Harris Wealth Management LLC grew its position in shares of iShares Russell Mid-Cap Growth ETF by 125.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after acquiring an additional 110 shares during the period. Finally, Sfam LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth approximately $28,000. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP opened at $137.59 on Tuesday. The firm has a market cap of $20.12 billion, a P/E ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $146.64. The stock has a 50 day moving average of $140.70 and a two-hundred day moving average of $137.11.

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.