Cedar Mountain Advisors LLC Reduces Stock Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Cedar Mountain Advisors LLC lowered its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Get Rating) by 0.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 271,736 shares of the company’s stock after selling 2,527 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for 7.1% of Cedar Mountain Advisors LLC’s holdings, making the stock its 4th biggest position. Cedar Mountain Advisors LLC owned about 0.19% of iShares Russell Mid-Cap Growth ETF worth $22,717,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in IWP. MAS Advisors LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 46.6% during the 1st quarter. MAS Advisors LLC now owns 5,034 shares of the company’s stock worth $513,000 after purchasing an additional 1,599 shares in the last quarter. Rhumbline Advisers raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 38.9% during the 1st quarter. Rhumbline Advisers now owns 8,439 shares of the company’s stock worth $848,000 after purchasing an additional 2,363 shares in the last quarter. Cibc World Market Inc. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 1st quarter worth approximately $505,000. Merit Financial Group LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 1st quarter worth approximately $285,000. Finally, NewEdge Advisors LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 4.6% in the 1st quarter. NewEdge Advisors LLC now owns 77,406 shares of the company’s stock valued at $7,779,000 after acquiring an additional 3,379 shares during the period.

iShares Russell Mid-Cap Growth ETF Trading Down 1.7 %

IWP opened at $86.35 on Friday. iShares Russell Mid-Cap Growth ETF has a 1-year low of $74.75 and a 1-year high of $103.72. The stock’s fifty day simple moving average is $89.96 and its 200 day simple moving average is $86.15. The stock has a market cap of $11.67 billion, a PE ratio of 25.03 and a beta of 1.09.

iShares Russell Mid-Cap Growth ETF Company Profile

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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).