Transcendent Capital Group LLC Cuts Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Transcendent Capital Group LLC cut its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 11.1% during the third quarter, Holdings Channel reports. The institutional investor owned 1,528 shares of the company’s stock after selling 190 shares during the quarter. Transcendent Capital Group LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $179,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IWP. Envestnet Asset Management Inc. lifted its holdings in iShares Russell Mid-Cap Growth ETF by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 2,243,857 shares of the company’s stock valued at $247,610,000 after acquiring an additional 57,491 shares during the period. Cassaday & Co Wealth Management LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.6% in the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 2,086,822 shares of the company’s stock valued at $230,281,000 after purchasing an additional 31,922 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,543,573 shares of the company’s stock valued at $170,333,000 after purchasing an additional 32,942 shares during the period. US Bancorp DE boosted its holdings in iShares Russell Mid-Cap Growth ETF by 0.4% during the first quarter. US Bancorp DE now owns 1,534,216 shares of the company’s stock worth $175,116,000 after buying an additional 6,034 shares in the last quarter. Finally, First Citizens Bank & Trust Co. grew its position in iShares Russell Mid-Cap Growth ETF by 1.8% during the second quarter. First Citizens Bank & Trust Co. now owns 1,431,399 shares of the company’s stock worth $157,955,000 after buying an additional 24,647 shares during the period.

iShares Russell Mid-Cap Growth ETF Trading Up 1.6 %

IWP stock opened at $130.42 on Friday. The firm has a 50 day moving average of $117.97 and a 200-day moving average of $112.97. The company has a market cap of $16.87 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 12-month low of $89.89 and a 12-month high of $130.50.

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).