Citigroup Inc. lessened its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 21.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 33,190 shares of the company’s stock after selling 8,879 shares during the period. Citigroup Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $4,727,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Arcadia Investment Management Corp MI boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 0.9% during the 2nd quarter. Arcadia Investment Management Corp MI now owns 8,425 shares of the company’s stock worth $1,168,000 after purchasing an additional 75 shares in the last quarter. PFG Investments LLC lifted its position in 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 acquiring an additional 80 shares in the last quarter. Breakwater Capital Group lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 3.6% in the third quarter. Breakwater Capital Group now owns 2,375 shares of the company’s stock valued at $338,000 after purchasing an additional 82 shares in the last quarter. Bedel Financial Consulting Inc. boosted its holdings in iShares Russell Mid-Cap Growth ETF by 1.2% during the third quarter. Bedel Financial Consulting Inc. now owns 7,283 shares of the company’s stock worth $1,037,000 after purchasing an additional 86 shares during the last quarter. Finally, Virtue Capital Management LLC increased its position in shares of iShares Russell Mid-Cap Growth ETF by 1.1% during the third quarter. Virtue Capital Management LLC now owns 9,375 shares of the company’s stock valued at $1,335,000 after acquiring an additional 99 shares during the last quarter. Institutional investors own 74.49% of the company’s stock.
iShares Russell Mid-Cap Growth ETF Stock Down 0.9%
IWP opened at $135.50 on Wednesday. iShares Russell Mid-Cap Growth ETF has a twelve month low of $99.85 and a twelve month high of $145.60. The company’s 50-day moving average price is $137.71 and its two-hundred day moving average price is $139.73. The stock has a market cap of $19.88 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15.
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.
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