Fifth Third Bancorp Decreases Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Fifth Third Bancorp trimmed its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 2.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 206,409 shares of the company’s stock after selling 5,147 shares during the period. Fifth Third Bancorp owned about 0.14% of iShares Russell Mid-Cap Growth ETF worth $29,395,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in IWP. Financial Gravity Companies Inc. purchased a new position in iShares Russell Mid-Cap Growth ETF in the second quarter valued at about $28,000. Abound Wealth Management increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 223.2% during the 3rd quarter. Abound Wealth Management now owns 223 shares of the company’s stock worth $32,000 after purchasing an additional 154 shares during the last quarter. Clean Yield Group bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth approximately $33,000. Ashton Thomas Securities LLC purchased a new position in iShares Russell Mid-Cap Growth ETF in the third quarter valued at approximately $34,000. Finally, WFA of San Diego LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the second quarter valued at $47,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA:IWP opened at $134.37 on Tuesday. The company has a market capitalization of $19.71 billion, a P/E ratio of 30.48 and a beta of 1.15. The business has a fifty day simple moving average of $138.38 and a two-hundred day simple moving average of $140.06. iShares Russell Mid-Cap Growth ETF has a 1 year low of $99.85 and a 1 year high of $145.60.

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.