Forvis Mazars Wealth Advisors LLC Sells 13,265 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Forvis Mazars Wealth Advisors LLC decreased its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 15.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 72,603 shares of the company’s stock after selling 13,265 shares during the quarter. Forvis Mazars Wealth Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $9,996,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in iShares Russell Mid-Cap Growth ETF by 1.6% during the second quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock worth $858,908,000 after buying an additional 93,924 shares during the period. Cassaday & Co Wealth Management LLC increased its position in shares of iShares Russell Mid-Cap Growth ETF by 1.9% in the first quarter. Cassaday & Co Wealth Management LLC now owns 2,184,734 shares of the company’s stock worth $279,908,000 after acquiring an additional 41,659 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 5.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,486,576 shares of the company’s stock valued at $217,650,000 after acquiring an additional 71,020 shares during the period. Mariner LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 7.7% in the 4th quarter. Mariner LLC now owns 666,081 shares of the company’s stock valued at $91,213,000 after acquiring an additional 47,836 shares during the period. Finally, Focus Partners Wealth raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 14.0% in the 4th quarter. Focus Partners Wealth now owns 652,159 shares of the company’s stock valued at $89,340,000 after acquiring an additional 80,331 shares during the period. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Performance

iShares Russell Mid-Cap Growth ETF stock traded down $0.54 during trading on Tuesday, reaching $140.45. 611,252 shares of the company’s stock were exchanged, compared to its average volume of 874,395. The company’s 50-day moving average is $140.89 and its two-hundred day moving average is $138.88. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $148.29. The firm has a market cap of $19.73 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13.

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.