iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by Waverly Advisors LLC

Waverly Advisors LLC cut its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 22.1% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 135,272 shares of the company’s stock after selling 38,397 shares during the quarter. Waverly Advisors LLC owned approximately 0.09% of iShares Russell Mid-Cap Growth ETF worth $19,805,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. Ameriflex Group Inc. lifted its stake in iShares Russell Mid-Cap Growth ETF by 14.3% during the fourth quarter. Ameriflex Group Inc. now owns 606 shares of the company’s stock worth $83,000 after purchasing an additional 76 shares during the last quarter. Orin Green Financial LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 0.9% in the first quarter. Orin Green Financial LLC now owns 8,767 shares of the company’s stock worth $1,123,000 after purchasing an additional 80 shares during the period. Moneco Advisors LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 1.0% during the fourth quarter. Moneco Advisors LLC now owns 8,562 shares of the company’s stock valued at $1,172,000 after buying an additional 85 shares in the last quarter. Bedel Financial Consulting Inc. boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 1.2% during the 2nd quarter. Bedel Financial Consulting Inc. now owns 7,276 shares of the company’s stock valued at $1,065,000 after purchasing an additional 87 shares in the last quarter. Finally, BlueChip Wealth Advisors LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 2.4% during the first quarter. BlueChip Wealth Advisors LLC now owns 3,812 shares of the company’s stock worth $488,000 after buying an additional 88 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Down 0.2%

Shares of NYSEARCA IWP opened at $139.44 on Wednesday. The stock’s fifty day simple moving average is $141.27 and its 200 day simple moving average is $137.93. The stock has a market capitalization of $20.07 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $148.29.

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.