iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Stake Lowered by Bishop & Co Investment Management LLC

Bishop & Co Investment Management LLC reduced its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 153,629 shares of the company’s stock after selling 597 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for 7.4% of Bishop & Co Investment Management LLC’s investment portfolio, making the stock its 5th largest holding. Bishop & Co Investment Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $19,473,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in IWP. Citizens Financial Group Inc. RI lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 7.9% in the third quarter. Citizens Financial Group Inc. RI now owns 3,202 shares of the company’s stock worth $376,000 after buying an additional 234 shares in the last quarter. LPL Financial LLC raised its position in iShares Russell Mid-Cap Growth ETF by 11.1% during the third quarter. LPL Financial LLC now owns 1,814,140 shares of the company’s stock valued at $212,780,000 after purchasing an additional 181,523 shares during the period. Citigroup Inc. raised its position in iShares Russell Mid-Cap Growth ETF by 153.6% during the third quarter. Citigroup Inc. now owns 114,872 shares of the company’s stock valued at $13,473,000 after purchasing an additional 69,573 shares during the period. Icon Wealth Advisors LLC raised its position in iShares Russell Mid-Cap Growth ETF by 1,414.8% during the third quarter. Icon Wealth Advisors LLC now owns 63,758 shares of the company’s stock valued at $7,478,000 after purchasing an additional 59,549 shares during the period. Finally, Meridian Wealth Management LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the third quarter valued at approximately $1,757,000.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP stock opened at $120.87 on Friday. iShares Russell Mid-Cap Growth ETF has a 1 year low of $101.12 and a 1 year high of $139.68. The stock’s 50 day simple moving average is $129.73 and its two-hundred day simple moving average is $126.35. The company has a market cap of $16.58 billion, a PE ratio of 28.98 and a beta of 1.16.

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).