iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC reduced its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 7.4% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 67,739 shares of the company’s stock after selling 5,414 shares during the period. Janney Montgomery Scott LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $9,918,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AE Wealth Management LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 6.7% during the 4th quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock worth $13,039,000 after buying an additional 5,971 shares during the last quarter. Concurrent Investment Advisors LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 29.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock valued at $2,246,000 after acquiring an additional 3,769 shares during the last quarter. Krilogy Financial LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 5.7% in the 4th quarter. Krilogy Financial LLC now owns 282,178 shares of the company’s stock valued at $39,401,000 after acquiring an additional 15,331 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 36.7% during the 4th quarter. Farther Finance Advisors LLC now owns 23,151 shares of the company’s stock valued at $3,170,000 after acquiring an additional 6,217 shares in the last quarter. Finally, Financial Advisory Corp increased its holdings in iShares Russell Mid-Cap Growth ETF by 1.5% during the 4th quarter. Financial Advisory Corp now owns 752,605 shares of the company’s stock valued at $103,062,000 after acquiring an additional 11,167 shares in the last quarter. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Trading Up 0.1%

Shares of IWP opened at $147.25 on Friday. The stock has a market cap of $21.20 billion, a P/E ratio of 30.48 and a beta of 1.12. The company has a 50-day moving average of $141.21 and a two-hundred day moving average of $137.22. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $147.72.

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.