Brown Brothers Harriman & Co. Reduces Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Brown Brothers Harriman & Co. reduced its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 2.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,460 shares of the company’s stock after selling 384 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,696,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in IWP. Alliance Wealth Management Group bought a new position in iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at $253,000. Von Berge Wealth Management Group LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the third quarter valued at $228,000. Summit Trail Advisors LLC purchased a new position in iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth about $420,000. Capital Investment Counsel LLC increased its position in shares of iShares Russell Mid-Cap Growth ETF by 67.8% during the third quarter. Capital Investment Counsel LLC now owns 20,224 shares of the company’s stock worth $2,372,000 after acquiring an additional 8,168 shares during the period. Finally, Centaurus Financial Inc. raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 5.0% during the third quarter. Centaurus Financial Inc. now owns 2,245 shares of the company’s stock valued at $263,000 after acquiring an additional 107 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA IWP opened at $135.41 on Tuesday. iShares Russell Mid-Cap Growth ETF has a 52-week low of $95.85 and a 52-week high of $136.34. The firm has a market capitalization of $17.52 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. The stock has a 50 day moving average price of $122.28 and a 200 day moving average price of $114.75.

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).