Simplicity Wealth LLC Has $1.88 Million Stake in iShares Russell Mid-Cap Growth ETF $IWP

Simplicity Wealth LLC lowered its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 66.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,196 shares of the company’s stock after selling 26,522 shares during the period. Simplicity Wealth LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,879,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in IWP. Investment Partners LTD. boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 6.2% in the second quarter. Investment Partners LTD. now owns 40,415 shares of the company’s stock valued at $5,605,000 after buying an additional 2,371 shares during the period. DAVENPORT & Co LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 35.0% during the 2nd quarter. DAVENPORT & Co LLC now owns 5,918 shares of the company’s stock worth $821,000 after acquiring an additional 1,535 shares during the period. Atlantic Union Bankshares Corp raised its holdings in iShares Russell Mid-Cap Growth ETF by 212.5% in the 2nd quarter. Atlantic Union Bankshares Corp now owns 19,361 shares of the company’s stock valued at $2,685,000 after acquiring an additional 13,165 shares in the last quarter. First Horizon Corp bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter valued at $6,143,000. Finally, Advyzon Investment Management LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at $419,000. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA IWP opened at $140.50 on Friday. The stock has a market capitalization of $20.94 billion, a P/E ratio of 30.48 and a beta of 1.15. The stock’s fifty day moving average is $138.58 and its 200 day moving average is $140.54. iShares Russell Mid-Cap Growth ETF has a 52 week low of $99.85 and a 52 week high of $145.60.

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). 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.