US Bancorp DE Trims Stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

US Bancorp DE cut its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 7.5% in the third quarter, HoldingsChannel reports. The firm owned 1,404,736 shares of the company’s stock after selling 114,074 shares during the period. US Bancorp DE’s holdings in iShares Russell Mid-Cap Growth ETF were worth $164,762,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in IWP. Diversified Trust Co raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 73.6% in the first quarter. Diversified Trust Co now owns 6,362 shares of the company’s stock valued at $726,000 after acquiring an additional 2,698 shares in the last quarter. Edge Financial Advisors LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the 1st quarter valued at about $271,000. Principal Financial Group Inc. raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 47.3% in the 1st quarter. Principal Financial Group Inc. now owns 38,600 shares of the company’s stock valued at $4,406,000 after purchasing an additional 12,400 shares in the last quarter. Private Advisor Group LLC lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 1.8% in the 1st quarter. Private Advisor Group LLC now owns 134,030 shares of the company’s stock worth $15,298,000 after purchasing an additional 2,318 shares during the period. Finally, Mission Wealth Management LP boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 5.4% during the first quarter. Mission Wealth Management LP now owns 10,188 shares of the company’s stock valued at $1,163,000 after purchasing an additional 519 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Down 1.4 %

IWP stock traded down $1.74 during trading on Thursday, hitting $119.49. 180,941 shares of the company’s stock traded hands, compared to its average volume of 842,272. The firm has a market capitalization of $15.46 billion, a P/E ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 1 year low of $85.73 and a 1 year high of $122.39. The business has a fifty day simple moving average of $116.54 and a two-hundred day simple moving average of $112.20.

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).