Bank of New York Mellon Corp Decreases Stock Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Bank of New York Mellon Corp trimmed its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 40.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 110,357 shares of the company’s stock after selling 74,638 shares during the quarter. Bank of New York Mellon Corp owned about 0.08% of iShares Russell Mid-Cap Growth ETF worth $12,966,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. World Investment Advisors lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 13.8% during the first quarter. World Investment Advisors now owns 7,664 shares of the company’s stock valued at $900,000 after buying an additional 929 shares during the last quarter. Truist Financial Corp lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 77.7% during the first quarter. Truist Financial Corp now owns 1,260,419 shares of the company’s stock valued at $148,087,000 after buying an additional 551,089 shares during the last quarter. Capital Investment Advisory Services LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 69.6% in the 1st quarter. Capital Investment Advisory Services LLC now owns 229 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares during the last quarter. Pacific Life Fund Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the 1st quarter valued at approximately $89,345,000. Finally, Avantax Planning Partners Inc. raised its position in shares of iShares Russell Mid-Cap Growth ETF by 90.8% in the 1st quarter. Avantax Planning Partners Inc. now owns 144,803 shares of the company’s stock valued at $17,013,000 after purchasing an additional 68,905 shares during the last quarter. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Up 0.6%

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $140.64 on Monday. The firm has a market capitalization of $19.69 billion, a P/E ratio of 30.48 and a beta of 1.10. The company has a 50 day moving average price of $135.55 and a 200 day moving average price of $128.47. iShares Russell Mid-Cap Growth ETF has a 52 week low of $99.85 and a 52 week high of $140.74.

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).