iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. decreased its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 29.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 880,406 shares of the company’s stock after selling 362,541 shares during the quarter. iShares Russell Mid-Cap Growth ETF makes up 1.7% of First Citizens Bank & Trust Co.’s investment portfolio, making the stock its 14th largest position. First Citizens Bank & Trust Co. owned 0.63% of iShares Russell Mid-Cap Growth ETF worth $121,214,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. McIlrath & Eck LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the first quarter worth about $26,000. Signature Resources Capital Management LLC grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 83.6% in the first quarter. Signature Resources Capital Management LLC now owns 224 shares of the company’s stock worth $29,000 after purchasing an additional 102 shares during the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the first quarter worth about $30,000. Allied Private Wealth LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the second quarter worth about $32,000. Finally, Monetary Solutions Ltd purchased a new position in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at about $33,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA:IWP opened at $140.45 on Wednesday. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year high of $148.29. The company has a market cap of $19.73 billion, a PE ratio of 30.48 and a beta of 1.13. The stock’s 50-day moving average is $140.83 and its 200 day moving average is $138.95.

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.