Cetera Investment Advisers Trims Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Cetera Investment Advisers decreased its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 3.8% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 690,014 shares of the company’s stock after selling 27,400 shares during the period. Cetera Investment Advisers’ holdings in iShares Russell Mid-Cap Growth ETF were worth $88,405,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the stock. Richards Merrill & Peterson Inc. purchased a new position in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at about $25,000. CNB Bank lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 478.8% in the fourth quarter. CNB Bank now owns 191 shares of the company’s stock worth $26,000 after buying an additional 158 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $27,000. Beaird Harris Wealth Management LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 125.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after acquiring an additional 110 shares during the period. Finally, Sfam LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at approximately $28,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 0.3%

iShares Russell Mid-Cap Growth ETF stock opened at $138.40 on Friday. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $146.64. The firm has a market capitalization of $20.02 billion, a PE ratio of 30.48 and a beta of 1.12. The firm’s 50 day simple moving average is $140.82 and its 200 day simple moving average is $137.14.

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.