iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by Parkway Wealth Management Group LLC

Parkway Wealth Management Group LLC lowered its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 2.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 180,518 shares of the company’s stock after selling 4,304 shares during the quarter. iShares Russell Mid-Cap Growth ETF comprises 2.9% of Parkway Wealth Management Group LLC’s holdings, making the stock its 11th largest holding. Parkway Wealth Management Group LLC owned 0.13% of iShares Russell Mid-Cap Growth ETF worth $24,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Krilogy Financial LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 8.6% during the 1st quarter. Krilogy Financial LLC now owns 306,523 shares of the company’s stock worth $41,402,000 after acquiring an additional 24,345 shares in the last quarter. Bryn Mawr Trust Advisors LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 190.4% in the first quarter. Bryn Mawr Trust Advisors LLC now owns 14,812 shares of the company’s stock valued at $1,898,000 after acquiring an additional 9,712 shares in the last quarter. Kestra Private Wealth Services LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 6.4% in the first quarter. Kestra Private Wealth Services LLC now owns 157,268 shares of the company’s stock valued at $20,149,000 after acquiring an additional 9,429 shares in the last quarter. Whitaker Myers Wealth Managers LTD. boosted its stake in iShares Russell Mid-Cap Growth ETF by 7.8% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 154,430 shares of the company’s stock valued at $22,610,000 after acquiring an additional 11,127 shares in the last quarter. Finally, Hsbc Holdings PLC purchased a new position in iShares Russell Mid-Cap Growth ETF in the fourth quarter worth $23,113,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Up 0.5%

NYSEARCA IWP opened at $134.69 on Tuesday. The firm’s fifty day simple moving average is $140.26 and its two-hundred day simple moving average is $139.21. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $148.29. The firm has a market capitalization of $18.96 billion, a P/E ratio of 30.48 and a beta of 1.13.

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.