KMG Fiduciary Partners LLC Sells 39,864 Shares of iShares Russell Mid-Cap Growth ETF $IWP

KMG Fiduciary Partners LLC decreased its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 61.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,255 shares of the company’s stock after selling 39,864 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $3,698,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Richards Merrill & Peterson Inc. bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at approximately $25,000. CNB Bank grew its position in shares of iShares Russell Mid-Cap Growth ETF by 478.8% during the fourth quarter. CNB Bank now owns 191 shares of the company’s stock worth $26,000 after purchasing an additional 158 shares in the last quarter. Beaird Harris Wealth Management LLC grew its position in shares of iShares Russell Mid-Cap Growth ETF by 125.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares in the last quarter. Hilton Head Capital Partners LLC bought a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at approximately $27,000. Finally, McIlrath & Eck LLC purchased a new position in iShares Russell Mid-Cap Growth ETF in the 1st quarter worth approximately $26,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP opened at $144.20 on Tuesday. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year high of $146.64. The company has a 50 day simple moving average of $140.86 and a two-hundred day simple moving average of $137.02. The firm has a market cap of $20.76 billion, a P/E ratio of 30.48 and a beta of 1.12.

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.