J.W. Cole Advisors Inc. Decreases Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

J.W. Cole Advisors Inc. trimmed its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 10.3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 55,923 shares of the company’s stock after selling 6,389 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $7,203,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Richards Merrill & Peterson Inc. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at about $25,000. Beaird Harris Wealth Management LLC lifted 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 valued at $28,000 after buying an additional 110 shares during the last quarter. Imprint Wealth LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the third quarter valued at about $29,000. Laurel Wealth Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at about $30,000. Finally, City State Bank purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at approximately $38,000. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Down 2.7%

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $139.23 on Friday. The firm has a market capitalization of $20.00 billion, a P/E ratio of 30.48 and a beta of 1.13. The company has a 50 day moving average price of $135.69 and a 200 day moving average price of $136.32. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 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.