Assetmark Inc. Decreases Stock Position in iShares Russell Mid-Cap Growth ETF $IWP

Assetmark Inc. reduced its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 86.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,215 shares of the company’s stock after selling 52,630 shares during the quarter. Assetmark Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,125,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in IWP. First Command Advisory Services Inc. boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 80,392.3% in the third quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock worth $506,202,000 after acquiring an additional 3,550,122 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of 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 worth $768,640,000 after acquiring an additional 3,406,598 shares during the period. CIBC Bancorp USA Inc. bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the third quarter worth $91,697,000. Jones Financial Companies Lllp boosted its holdings in shares of 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 acquiring an additional 345,906 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 102.1% in the third quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock worth $71,347,000 after acquiring an additional 253,151 shares during the period. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

iShares Russell Mid-Cap Growth ETF stock opened at $137.17 on Wednesday. iShares Russell Mid-Cap Growth ETF has a one year low of $111.32 and a one year high of $145.60. The business has a fifty day moving average price of $132.79 and a 200-day moving average price of $136.99. The firm has a market capitalization of $19.71 billion, a P/E ratio of 30.48 and a beta of 1.17.

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.