Focus Financial Network Inc. Has $507,000 Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Focus Financial Network Inc. lessened its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 81.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,700 shares of the company’s stock after selling 15,875 shares during the period. Focus Financial Network Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $507,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. First Command Advisory Services Inc. lifted 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 valued at $506,202,000 after acquiring an additional 3,550,122 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in iShares Russell Mid-Cap Growth ETF by 171.1% in the third quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock valued at $768,640,000 after acquiring an additional 3,406,598 shares during the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at $91,697,000. Jones Financial Companies Lllp boosted its position in iShares Russell Mid-Cap Growth ETF by 6.6% during the third quarter. Jones Financial Companies Lllp now owns 5,577,746 shares of the company’s stock valued at $794,992,000 after acquiring an additional 345,906 shares during the last quarter. Finally, BNP Paribas Financial Markets grew its stake in iShares Russell Mid-Cap Growth ETF by 102.1% during the third quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock worth $71,347,000 after purchasing an additional 253,151 shares during the period. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Trading Down 2.2%

NYSEARCA:IWP opened at $124.94 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 stock has a market capitalization of $18.33 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15. The firm has a fifty day simple moving average of $134.60 and a two-hundred day simple moving average of $138.45.

iShares Russell Mid-Cap Growth ETF 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.