Lowe Brockenbrough & Co. Inc. Sells 5,844 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Lowe Brockenbrough & Co. Inc. trimmed its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 95.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 255 shares of the company’s stock after selling 5,844 shares during the quarter. Lowe Brockenbrough & Co. Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $35,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. American Wealth Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter valued at $1,954,000. Concurrent Investment Advisors LLC grew its position in iShares Russell Mid-Cap Growth ETF by 29.8% during the fourth quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock worth $2,246,000 after buying an additional 3,769 shares in the last quarter. AE Wealth Management LLC grew its position in iShares Russell Mid-Cap Growth ETF by 6.7% during the fourth quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock worth $13,039,000 after buying an additional 5,971 shares in the last quarter. Johnson Financial Group Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 29.7% during the third quarter. Johnson Financial Group Inc. now owns 46,403 shares of the company’s stock worth $6,608,000 after buying an additional 10,615 shares in the last quarter. Finally, BCS Wealth Management purchased a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $2,216,000. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Down 2.7%

iShares Russell Mid-Cap Growth ETF stock opened at $139.23 on Friday. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $145.60. The business has a 50-day simple moving average of $135.69 and a 200 day simple moving average of $136.32. The stock has a market cap of $20.00 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13.

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.