iShares Russell Mid-Cap Growth ETF $IWP Shares Sold by Saxon Interests Inc.

Saxon Interests Inc. cut its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 46.6% in the first quarter, Holdings Channel reports. The institutional investor owned 6,008 shares of the company’s stock after selling 5,235 shares during the quarter. Saxon Interests Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $770,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. CIBC Private Wealth Group LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 103.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,309,901 shares of the company’s stock valued at $179,378,000 after acquiring an additional 667,479 shares during the period. CIBC Bancorp USA Inc. purchased a new position in iShares Russell Mid-Cap Growth ETF during the third quarter valued at $91,697,000. First Command Advisory Services Inc. lifted its holdings in iShares Russell Mid-Cap Growth ETF by 8.0% during the fourth quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock valued at $525,778,000 after purchasing an additional 284,943 shares in the last quarter. Align Financial LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at about $38,443,000. Finally, BNP Paribas Financial Markets grew its position in shares of iShares Russell Mid-Cap Growth ETF by 102.1% in the third quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock valued at $71,347,000 after purchasing an additional 253,151 shares during the period. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Down 1.6%

IWP stock opened at $141.94 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 50-day simple moving average of $140.01 and a 200-day simple moving average of $137.02. The stock has a market capitalization of $20.79 billion, a P/E ratio of 30.48 and a beta of 1.12.

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.