iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Shares Sold by Franklin Resources Inc.

Franklin Resources Inc. decreased its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,828 shares of the company’s stock after selling 635 shares during the quarter. Franklin Resources Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,753,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. National Bank of Canada FI increased its holdings in iShares Russell Mid-Cap Growth ETF by 269.3% during the 3rd quarter. National Bank of Canada FI now owns 4,801 shares of the company’s stock valued at $563,000 after acquiring an additional 3,501 shares in the last quarter. Passumpsic Savings Bank increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 7.5% during the 3rd quarter. Passumpsic Savings Bank now owns 12,066 shares of the company’s stock worth $1,415,000 after purchasing an additional 844 shares in the last quarter. Sanctuary Advisors LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 18.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 78,476 shares of the company’s stock worth $9,204,000 after purchasing an additional 12,370 shares in the last quarter. World Investment Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $352,000. Finally, Broadview Financial Management LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at approximately $246,000.

iShares Russell Mid-Cap Growth ETF Stock Performance

iShares Russell Mid-Cap Growth ETF stock opened at $112.53 on Monday. The stock has a fifty day moving average of $123.50 and a two-hundred day moving average of $126.60. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $139.68. The company has a market capitalization of $15.98 billion, a price-to-earnings ratio of 27.36 and a beta of 1.16.

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).