Miracle Mile Advisors LLC Trims Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Miracle Mile Advisors LLC lessened its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 5.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,743 shares of the company’s stock after selling 655 shares during the period. Miracle Mile Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,362,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Cassaday & Co Wealth Management LLC increased 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 valued at $250,314,000 after purchasing an additional 47,328 shares during the period. LPL Financial LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 11.1% during the 3rd quarter. LPL Financial LLC now owns 1,814,140 shares of the company’s stock worth $212,780,000 after acquiring an additional 181,523 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 6.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 871,432 shares of the company’s stock worth $96,167,000 after acquiring an additional 54,729 shares during the period. Wellington Management Group LLP grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 156.5% during the 3rd quarter. Wellington Management Group LLP now owns 521,898 shares of the company’s stock worth $61,213,000 after acquiring an additional 318,410 shares during the period. Finally, Stephens Inc. AR grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 0.3% during the 3rd quarter. Stephens Inc. AR now owns 502,160 shares of the company’s stock worth $58,898,000 after acquiring an additional 1,475 shares during the period.

iShares Russell Mid-Cap Growth ETF Stock Performance

IWP stock opened at $128.18 on Wednesday. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $101.12 and a fifty-two week high of $138.84. The business’s 50 day moving average price is $131.26 and its two-hundred day moving average price is $120.17. The company has a market capitalization of $16.58 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15.

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).