iShares Russell Mid-Cap Growth ETF $IWP Stock: Fifth Third Bancorp Cuts Stake

Fifth Third Bancorp lowered its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 471,113 shares of the company’s stock after selling 20,275 shares during the quarter. Fifth Third Bancorp owned about 0.34% of iShares Russell Mid-Cap Growth ETF worth $64,863,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Whitaker Myers Wealth Managers LTD. grew its holdings in iShares Russell Mid-Cap Growth ETF by 7.8% during the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 154,430 shares of the company’s stock worth $22,610,000 after acquiring an additional 11,127 shares during the last quarter. BIP Wealth LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF in the 2nd quarter valued at about $823,000. Envestnet Asset Management Inc. increased its position in iShares Russell Mid-Cap Growth ETF by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock valued at $858,908,000 after acquiring an additional 93,924 shares in the last quarter. Stephens Group Asset Management LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 12.6% in the third quarter. Stephens Group Asset Management LLC now owns 633,950 shares of the company’s stock worth $87,282,000 after acquiring an additional 70,933 shares during the last quarter. Finally, Corient Private Wealth LP raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 17.3% in the second quarter. Corient Private Wealth LP now owns 163,106 shares of the company’s stock worth $23,881,000 after acquiring an additional 24,099 shares during the last quarter. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 1.0%

Shares of IWP stock opened at $130.27 on Friday. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.40 and a 1 year high of $148.29. The firm’s 50 day moving average is $136.25 and its 200-day moving average is $137.28. The firm has a market capitalization of $18.31 billion, a price-to-earnings ratio of 27.78 and a beta of 1.13.

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.