US Bancorp DE Reduces Stake in iShares Russell Mid-Cap Growth ETF $IWP

US Bancorp DE lowered its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,567,496 shares of the company’s stock after selling 5,330 shares during the period. US Bancorp DE owned 1.07% of iShares Russell Mid-Cap Growth ETF worth $223,227,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of IWP. Financial Gravity Companies Inc. bought a new position in iShares Russell Mid-Cap Growth ETF during the second quarter valued at $28,000. Abound Wealth Management raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 223.2% in the third quarter. Abound Wealth Management now owns 223 shares of the company’s stock valued at $32,000 after buying an additional 154 shares during the period. Clean Yield Group purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter valued at $33,000. Ashton Thomas Securities LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter valued at $34,000. Finally, Founders Financial Alliance LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth $44,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $136.22 on Thursday. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $145.60. The business has a 50-day moving average of $137.89 and a 200 day moving average of $139.81. The firm has a market cap of $19.98 billion, a P/E ratio of 30.48 and a beta of 1.15.

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). 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.