Truepoint Inc. Decreases Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Truepoint Inc. decreased its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 3.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 243,209 shares of the company’s stock after selling 7,662 shares during the quarter. iShares Russell Mid-Cap Growth ETF comprises about 0.8% of Truepoint Inc.’s portfolio, making the stock its 20th biggest position. Truepoint Inc. owned approximately 0.19% of iShares Russell Mid-Cap Growth ETF worth $26,838,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Jones Financial Companies Lllp increased its stake in iShares Russell Mid-Cap Growth ETF by 2.4% during the 4th quarter. Jones Financial Companies Lllp now owns 3,918,325 shares of the company’s stock valued at $409,308,000 after purchasing an additional 92,345 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of iShares Russell Mid-Cap Growth ETF by 0.8% in the 1st quarter. Commonwealth Equity Services LLC now owns 2,893,717 shares of the company’s stock valued at $330,289,000 after acquiring an additional 22,103 shares during the period. Envestnet Asset Management Inc. raised its stake in iShares Russell Mid-Cap Growth ETF by 2.0% in the 4th quarter. Envestnet Asset Management Inc. now owns 2,210,427 shares of the company’s stock worth $230,901,000 after acquiring an additional 43,938 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 1.6% during the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 2,086,822 shares of the company’s stock worth $230,281,000 after acquiring an additional 31,922 shares during the period. Finally, Envestnet Portfolio Solutions Inc. grew its stake in iShares Russell Mid-Cap Growth ETF by 2.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,543,573 shares of the company’s stock valued at $170,333,000 after purchasing an additional 32,942 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP stock opened at $110.00 on Friday. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $85.24 and a fifty-two week high of $115.43. The firm has a market capitalization of $14.23 billion, a PE ratio of 29.60 and a beta of 1.15. The stock’s 50-day simple moving average is $110.86 and its 200-day simple moving average is $110.64.

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).