Cedar Mountain Advisors LLC Reduces Stock Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Cedar Mountain Advisors LLC trimmed its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 283,228 shares of the company’s stock after selling 785 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for 7.5% of Cedar Mountain Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. Cedar Mountain Advisors LLC owned 0.20% of iShares Russell Mid-Cap Growth ETF worth $33,276,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Allspring Global Investments Holdings LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 42.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 24,014 shares of the company’s stock worth $3,065,000 after purchasing an additional 7,103 shares in the last quarter. Orion Portfolio Solutions LLC raised its position in iShares Russell Mid-Cap Growth ETF by 5.1% in the fourth quarter. Orion Portfolio Solutions LLC now owns 281,200 shares of the company’s stock worth $35,642,000 after purchasing an additional 13,702 shares in the last quarter. Kingsview Wealth Management LLC raised its position in iShares Russell Mid-Cap Growth ETF by 5.9% in the fourth quarter. Kingsview Wealth Management LLC now owns 45,937 shares of the company’s stock worth $5,822,000 after purchasing an additional 2,544 shares in the last quarter. LPL Financial LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 18.8% during the fourth quarter. LPL Financial LLC now owns 2,154,407 shares of the company’s stock worth $273,096,000 after buying an additional 340,267 shares during the last quarter. Finally, Midwest Capital Advisors LLC bought a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $937,000.

iShares Russell Mid-Cap Growth ETF Price Performance

IWP opened at $135.79 on Friday. iShares Russell Mid-Cap Growth ETF has a one year low of $99.85 and a one year high of $139.68. The stock has a market capitalization of $18.85 billion, a P/E ratio of 26.67 and a beta of 1.14. The company’s 50 day simple moving average is $123.01 and its 200-day simple moving average is $127.53.

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).