iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC lessened its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.4% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 642,422 shares of the company’s stock after selling 9,030 shares during the period. CIBC Private Wealth Group LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $91,487,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. First Command Advisory Services Inc. increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 80,392.3% during the 3rd quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock valued at $506,202,000 after purchasing an additional 3,550,122 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares Russell Mid-Cap Growth ETF by 171.1% during the third quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock worth $768,640,000 after buying an additional 3,406,598 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new stake in iShares Russell Mid-Cap Growth ETF during the third quarter worth $91,697,000. Jones Financial Companies Lllp grew its position in iShares Russell Mid-Cap Growth ETF by 6.6% during the third quarter. Jones Financial Companies Lllp now owns 5,577,746 shares of the company’s stock valued at $794,992,000 after buying an additional 345,906 shares during the period. Finally, BNP Paribas Financial Markets grew its position in iShares Russell Mid-Cap Growth ETF by 102.1% during the third quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock valued at $71,347,000 after buying an additional 253,151 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

IWP opened at $130.99 on Thursday. The company has a fifty day moving average of $136.31 and a two-hundred day moving average of $139.09. The stock has a market capitalization of $19.22 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $145.60.

iShares Russell Mid-Cap Growth ETF Company 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.