Allspring Global Investments Holdings LLC Sells 9,782 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Allspring Global Investments Holdings LLC cut its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 30.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,090 shares of the company’s stock after selling 9,782 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,845,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in IWP. Wells Fargo & Company MN boosted its holdings in iShares Russell Mid-Cap Growth ETF by 1.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,299,199 shares of the company’s stock worth $725,672,000 after acquiring an additional 69,999 shares in the last quarter. First Command Advisory Services Inc. raised its position in shares of iShares Russell Mid-Cap Growth ETF by 8.0% during the fourth quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock worth $525,778,000 after purchasing an additional 284,943 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 6.6% in the 4th quarter. LPL Financial LLC now owns 2,616,494 shares of the company’s stock worth $358,303,000 after purchasing an additional 161,336 shares in the last quarter. Ameriprise Financial Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 1.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,524,819 shares of the company’s stock valued at $350,422,000 after purchasing an additional 26,620 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in iShares Russell Mid-Cap Growth ETF by 0.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,457,673 shares of the company’s stock valued at $336,554,000 after purchasing an additional 12,105 shares in the last quarter. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Trading Down 1.2%

NYSEARCA IWP opened at $136.73 on Friday. The firm has a market capitalization of $19.78 billion, a P/E ratio of 30.48 and a beta of 1.12. The business has a fifty day simple moving average of $140.84 and a 200 day simple moving average of $137.14. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $146.64.

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.