iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by Focus Financial Network Inc.

Focus Financial Network Inc. lowered its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 27.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 19,575 shares of the company’s stock after selling 7,291 shares during the quarter. Focus Financial Network Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,788,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Arcadia Investment Management Corp MI grew its position in shares of iShares Russell Mid-Cap Growth ETF by 0.9% in the 2nd quarter. Arcadia Investment Management Corp MI now owns 8,425 shares of the company’s stock valued at $1,168,000 after buying an additional 75 shares during the last quarter. Belpointe Asset Management LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 0.8% in the second quarter. Belpointe Asset Management LLC now owns 10,613 shares of the company’s stock valued at $1,472,000 after acquiring an additional 82 shares in the last quarter. Investmark Advisory Group LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.5% during the first quarter. Investmark Advisory Group LLC now owns 5,821 shares of the company’s stock worth $684,000 after purchasing an additional 85 shares during the last quarter. Consolidated Portfolio Review Corp increased its position in shares of iShares Russell Mid-Cap Growth ETF by 5.0% during the second quarter. Consolidated Portfolio Review Corp now owns 1,882 shares of the company’s stock worth $261,000 after purchasing an additional 89 shares in the last quarter. Finally, WealthCare Investment Partners LLC increased its position in shares of iShares Russell Mid-Cap Growth ETF by 2.0% during the second quarter. WealthCare Investment Partners LLC now owns 4,541 shares of the company’s stock worth $636,000 after purchasing an additional 90 shares in the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Up 1.1%

Shares of NYSEARCA IWP opened at $138.74 on Friday. The stock has a market cap of $20.28 billion, a PE ratio of 30.48 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 52-week low of $99.85 and a 52-week high of $145.60. The business has a 50-day moving average price of $139.32 and a 200 day moving average price of $139.94.

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.