iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by Forvis Mazars Wealth Advisors LLC

Forvis Mazars Wealth Advisors LLC decreased its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 15.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 72,603 shares of the company’s stock after selling 13,265 shares during the quarter. Forvis Mazars Wealth Advisors LLC owned approximately 0.05% of iShares Russell Mid-Cap Growth ETF worth $9,996,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Sax Wealth Advisors LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.5% during the 3rd quarter. Sax Wealth Advisors LLC now owns 9,379 shares of the company’s stock worth $1,291,000 after acquiring an additional 141 shares during the period. Vertrix Wealth Management LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF in the third quarter valued at approximately $1,227,000. RTD Financial Advisors Inc. grew its holdings in iShares Russell Mid-Cap Growth ETF by 0.7% in the third quarter. RTD Financial Advisors Inc. now owns 196,875 shares of the company’s stock valued at $27,106,000 after purchasing an additional 1,437 shares during the period. Friday Financial grew its holdings in iShares Russell Mid-Cap Growth ETF by 95.9% in the third quarter. Friday Financial now owns 26,536 shares of the company’s stock valued at $3,705,000 after purchasing an additional 12,990 shares during the period. Finally, Decker Wealth Management LLC acquired a new position in iShares Russell Mid-Cap Growth ETF during the third quarter worth approximately $751,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

IWP stock traded down $0.54 on Tuesday, hitting $140.45. 611,252 shares of the company were exchanged, compared to its average volume of 874,395. The stock has a market capitalization of $19.73 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $148.29. The business’s fifty day moving average is $140.89 and its two-hundred day moving average is $138.88.

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.