iShares Russell Mid-Cap Growth ETF $IWP Stock Position Trimmed by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. trimmed its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 12.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,534,093 shares of the company’s stock after selling 211,541 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for approximately 3.4% of First Citizens Bank & Trust Co.’s holdings, making the stock its 4th largest holding. First Citizens Bank & Trust Co. owned approximately 1.07% of iShares Russell Mid-Cap Growth ETF worth $196,548,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWP. Revolve Wealth Partners LLC grew its holdings in iShares Russell Mid-Cap Growth ETF by 2.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock valued at $934,000 after purchasing an additional 182 shares during the period. AQR Capital Management LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 59.9% during the first quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock worth $337,000 after purchasing an additional 1,074 shares during the period. First Trust Advisors LP purchased a new position in iShares Russell Mid-Cap Growth ETF during the second quarter worth approximately $257,000. Qube Research & Technologies Ltd boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 22.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock valued at $16,092,000 after purchasing an additional 21,353 shares during the last quarter. Finally, Peapack Gladstone Financial Corp boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 17.2% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock valued at $6,960,000 after purchasing an additional 7,376 shares during the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Up 1.5%

Shares of NYSEARCA IWP opened at $139.64 on Wednesday. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $146.64. The firm has a fifty day moving average of $140.76 and a 200-day moving average of $137.12. The stock has a market capitalization of $20.42 billion, a PE ratio of 30.48 and a beta of 1.12.

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.