BNP Paribas Financial Markets Decreases Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

BNP Paribas Financial Markets reduced its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 30.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 350,300 shares of the company’s stock after selling 150,700 shares during the quarter. BNP Paribas Financial Markets’ holdings in iShares Russell Mid-Cap Growth ETF were worth $47,970,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in IWP. Envestnet Asset Management Inc. lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 171.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock worth $768,640,000 after purchasing an additional 3,406,598 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth $91,697,000. Congress Asset Management Co. lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 118.3% during the 4th quarter. Congress Asset Management Co. now owns 458,580 shares of the company’s stock worth $62,798,000 after purchasing an additional 248,474 shares during the last quarter. Cullen Frost Bankers Inc. lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 20.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,439,846 shares of the company’s stock worth $197,173,000 after purchasing an additional 244,984 shares during the last quarter. Finally, Washington Trust Bank lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 934.5% during the 4th quarter. Washington Trust Bank now owns 165,647 shares of the company’s stock worth $22,684,000 after purchasing an additional 149,634 shares during the last quarter. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA IWP opened at $143.52 on Wednesday. The stock has a market capitalization of $20.62 billion, a P/E ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $145.60. The business has a fifty day moving average price of $134.70 and a 200 day moving average price of $136.20.

iShares Russell Mid-Cap Growth ETF 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.