Rockland Trust Co. Sells 1,338 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Rockland Trust Co. lowered its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 19.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,545 shares of the company’s stock after selling 1,338 shares during the quarter. Rockland Trust Co.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $651,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. BankPlus Trust Department purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at $26,000. CX Institutional bought a new stake in iShares Russell Mid-Cap Growth ETF during the first quarter valued at about $37,000. Mascoma Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 86.9% in the fourth quarter. Mascoma Wealth Management LLC now owns 314 shares of the company’s stock valued at $40,000 after acquiring an additional 146 shares in the last quarter. Wood Tarver Financial Group LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at about $50,000. Finally, Bernard Wealth Management Corp. bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter worth about $54,000.

iShares Russell Mid-Cap Growth ETF Trading Down 1.3%

Shares of IWP opened at $133.38 on Friday. The business’s 50 day moving average is $125.49 and its 200 day moving average is $127.60. iShares Russell Mid-Cap Growth ETF has a 12-month low of $99.85 and a 12-month high of $139.68. The company has a market capitalization of $18.52 billion, a PE ratio of 26.67 and a beta of 1.14.

About iShares Russell Mid-Cap Growth ETF

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).