Clearstead Trust LLC Cuts Stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Clearstead Trust LLC cut its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 10.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,204 shares of the company’s stock after selling 1,359 shares during the quarter. Clearstead Trust LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,347,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Luts & Greenleigh Group Inc. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the second quarter worth about $1,214,000. Renaissance Technologies LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the second quarter worth about $430,000. Mesirow Financial Investment Management Inc. increased its position in shares of iShares Russell Mid-Cap Growth ETF by 61.2% during the second quarter. Mesirow Financial Investment Management Inc. now owns 83,794 shares of the company’s stock worth $9,252,000 after acquiring an additional 31,801 shares during the last quarter. One Capital Management LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 21.5% in the second quarter. One Capital Management LLC now owns 323,838 shares of the company’s stock worth $35,736,000 after purchasing an additional 57,327 shares in the last quarter. Finally, Tennessee Valley Asset Management Partners grew its stake in iShares Russell Mid-Cap Growth ETF by 1.4% in the second quarter. Tennessee Valley Asset Management Partners now owns 18,605 shares of the company’s stock worth $2,053,000 after purchasing an additional 265 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP opened at $114.65 on Tuesday. The company has a market capitalization of $14.83 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a one year low of $85.24 and a one year high of $115.43. The stock has a 50-day simple moving average of $111.00 and a 200 day simple moving average of $110.72.

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).