Sage Financial Group Inc. Has $1.72 Million Stock Position in iShares Russell Mid-Cap Growth ETF $IWP

Sage Financial Group Inc. lowered its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 22.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,420 shares of the company’s stock after selling 3,515 shares during the quarter. Sage Financial Group Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,722,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. DAVENPORT & Co LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 35.0% in the second quarter. DAVENPORT & Co LLC now owns 5,918 shares of the company’s stock valued at $821,000 after purchasing an additional 1,535 shares in the last quarter. Alta Wealth Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 2nd quarter valued at $210,000. Simplicity Wealth LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 91.3% during the 2nd quarter. Simplicity Wealth LLC now owns 39,718 shares of the company’s stock worth $5,508,000 after acquiring an additional 18,955 shares during the period. Wealthcare Advisory Partners LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 3.6% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 10,387 shares of the company’s stock valued at $1,440,000 after acquiring an additional 363 shares in the last quarter. Finally, Integrated Capital Management LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at about $322,000. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Down 0.4%

NYSEARCA IWP opened at $142.93 on Monday. iShares Russell Mid-Cap Growth ETF has a twelve month low of $99.85 and a twelve month high of $145.50. The stock has a market cap of $20.82 billion, a P/E ratio of 30.48 and a beta of 1.10. The company’s 50-day simple moving average is $142.10 and its 200 day simple moving average is $133.17.

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).