First Merchants Corp Sells 975 Shares of iShares Russell Mid-Cap Growth ETF $IWP

First Merchants Corp trimmed its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.4% in the 2nd quarter, HoldingsChannel reports. The firm owned 67,553 shares of the company’s stock after selling 975 shares during the quarter. First Merchants Corp’s holdings in iShares Russell Mid-Cap Growth ETF were worth $9,368,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IWP. Revolve Wealth Partners LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 2.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after purchasing an additional 182 shares during the period. Rhumbline Advisers raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 36.1% during the 1st quarter. Rhumbline Advisers now owns 3,185 shares of the company’s stock worth $374,000 after acquiring an additional 844 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 132.3% during the 1st quarter. Farther Finance Advisors LLC now owns 1,540 shares of the company’s stock worth $183,000 after acquiring an additional 877 shares in the last quarter. Wealthcare Advisory Partners LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 3.8% during the 1st quarter. Wealthcare Advisory Partners LLC now owns 10,024 shares of the company’s stock worth $1,178,000 after acquiring an additional 367 shares in the last quarter. Finally, Simplicity Wealth LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 577.2% during the 1st quarter. Simplicity Wealth LLC now owns 20,763 shares of the company’s stock worth $2,439,000 after acquiring an additional 17,697 shares in the last quarter. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP opened at $144.16 on Thursday. The stock has a market capitalization of $21.00 billion, a price-to-earnings ratio of 30.48 and a beta of 1.10. iShares Russell Mid-Cap Growth ETF has a 1 year low of $99.85 and a 1 year high of $145.50. The business’s 50 day simple moving average is $142.18 and its 200-day simple moving average is $133.46.

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).