Rhumbline Advisers Sells 1,569 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Rhumbline Advisers lowered its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 40.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,341 shares of the company’s stock after selling 1,569 shares during the quarter. Rhumbline Advisers’ holdings in iShares Russell Mid-Cap Growth ETF were worth $297,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the company. Cassaday & Co Wealth Management LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 2.3% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 2,134,150 shares of the company’s stock worth $250,314,000 after buying an additional 47,328 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 11.1% in the 3rd quarter. LPL Financial LLC now owns 1,814,140 shares of the company’s stock valued at $212,780,000 after buying an additional 181,523 shares during the period. First Citizens Bank & Trust Co. increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 25.6% in the fourth quarter. First Citizens Bank & Trust Co. now owns 1,791,302 shares of the company’s stock worth $227,048,000 after acquiring an additional 365,602 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in iShares Russell Mid-Cap Growth ETF by 12,202.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 723,865 shares of the company’s stock worth $91,750,000 after buying an additional 717,981 shares during the period. Finally, Wellington Management Group LLP lifted its position in iShares Russell Mid-Cap Growth ETF by 156.5% in the 3rd quarter. Wellington Management Group LLP now owns 521,898 shares of the company’s stock valued at $61,213,000 after acquiring an additional 318,410 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Up 0.9 %

Shares of IWP stock opened at $121.54 on Monday. The company’s fifty day simple moving average is $131.64 and its 200-day simple moving average is $126.17. iShares Russell Mid-Cap Growth ETF has a 12 month low of $101.12 and a 12 month high of $139.68. The firm has a market cap of $16.68 billion, a PE ratio of 28.98 and a beta of 1.16.

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).