Laurel Oak Wealth Management LLC Sells 8,086 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Laurel Oak Wealth Management LLC lowered its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 36.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,286 shares of the company’s stock after selling 8,086 shares during the quarter. Laurel Oak Wealth Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,830,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in IWP. Richards Merrill & Peterson Inc. bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $25,000. CNB Bank grew its stake in iShares Russell Mid-Cap Growth ETF by 478.8% during the fourth quarter. CNB Bank now owns 191 shares of the company’s stock valued at $26,000 after acquiring an additional 158 shares in the last quarter. Beaird Harris Wealth Management LLC grew its stake in 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 acquiring 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 worth approximately $27,000. Finally, Imprint Wealth LLC bought a new stake in iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $29,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA IWP opened at $141.62 on Friday. The company’s 50 day simple moving average is $138.99 and its two-hundred day simple moving average is $136.79. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year high of $145.60. The stock has a market capitalization of $20.34 billion, a PE ratio of 30.48 and a beta of 1.13.

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.