Bank of America Corp DE reduced its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 6.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,170,360 shares of the company’s stock after selling 439,797 shares during the period. Bank of America Corp DE owned approximately 4.22% of iShares Russell Mid-Cap Growth ETF worth $878,721,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWP. PFG Investments LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.8% in the 3rd quarter. PFG Investments LLC now owns 2,914 shares of the company’s stock valued at $415,000 after purchasing an additional 80 shares during the last quarter. Breakwater Capital Group lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 3.6% during the 3rd quarter. Breakwater Capital Group now owns 2,375 shares of the company’s stock worth $338,000 after buying an additional 82 shares during the last quarter. BCGM Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 3.2% during the 3rd quarter. BCGM Wealth Management LLC now owns 2,684 shares of the company’s stock worth $382,000 after buying an additional 84 shares during the last quarter. Bedel Financial Consulting Inc. boosted its stake in iShares Russell Mid-Cap Growth ETF by 1.2% in the third quarter. Bedel Financial Consulting Inc. now owns 7,283 shares of the company’s stock valued at $1,037,000 after buying an additional 86 shares in the last quarter. Finally, Virtue Capital Management LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 1.1% in the third quarter. Virtue Capital Management LLC now owns 9,375 shares of the company’s stock valued at $1,335,000 after buying an additional 99 shares in the last quarter. 74.49% of the stock is currently owned by institutional investors.
iShares Russell Mid-Cap Growth ETF Stock Up 1.3%
iShares Russell Mid-Cap Growth ETF stock opened at $131.37 on Tuesday. The stock has a market cap of $19.27 billion, a PE ratio of 30.48 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 12-month low of $99.85 and a 12-month high of $145.60. The business’s 50-day moving average price is $136.70 and its two-hundred day moving average price is $139.22.
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). 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.
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