Flagstar Advisors Inc. Sells 10,542 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Flagstar Advisors Inc. cut its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 80.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,615 shares of the company’s stock after selling 10,542 shares during the period. Flagstar Advisors Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $358,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IWP. Jones Financial Companies Lllp increased its position in iShares Russell Mid-Cap Growth ETF by 6.6% in the third quarter. Jones Financial Companies Lllp now owns 5,577,746 shares of the company’s stock worth $794,992,000 after purchasing an additional 345,906 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in iShares Russell Mid-Cap Growth ETF by 171.1% during the third quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock valued at $768,640,000 after purchasing an additional 3,406,598 shares during the last quarter. First Command Advisory Services Inc. grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 80,392.3% in the 3rd quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock worth $506,202,000 after buying an additional 3,550,122 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,551,080 shares of the company’s stock worth $363,274,000 after buying an additional 26,261 shares in the last quarter. Finally, UBS Group AG increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.4% in the 3rd quarter. UBS Group AG now owns 2,315,376 shares of the company’s stock worth $329,733,000 after buying an additional 31,610 shares during the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 2.2%

Shares of NYSEARCA:IWP opened at $127.81 on Friday. iShares Russell Mid-Cap Growth ETF has a 12 month low of $99.85 and a 12 month high of $145.60. The company has a 50-day moving average price of $134.93 and a 200 day moving average price of $138.58. The company has a market cap of $18.75 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15.

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.