King Luther Capital Management Corp Decreases Stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

King Luther Capital Management Corp lowered its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 29.8% in the third quarter, Holdings Channel.com reports. The fund owned 2,817 shares of the company’s stock after selling 1,195 shares during the quarter. King Luther Capital Management Corp’s holdings in iShares Russell Mid-Cap Growth ETF were worth $330,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. boosted its holdings in iShares Russell Mid-Cap Growth ETF by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 2,243,857 shares of the company’s stock worth $247,610,000 after buying an additional 57,491 shares in the last quarter. Cassaday & Co Wealth Management LLC boosted its stake in shares of 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 worth $250,314,000 after acquiring an additional 47,328 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,543,573 shares of the company’s stock worth $170,333,000 after acquiring an additional 32,942 shares during the period. First Citizens Bank & Trust Co. increased its stake in iShares Russell Mid-Cap Growth ETF by 1.8% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 1,431,399 shares of the company’s stock valued at $157,955,000 after purchasing an additional 24,647 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in iShares Russell Mid-Cap Growth ETF by 6.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 871,432 shares of the company’s stock worth $96,167,000 after purchasing an additional 54,729 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

IWP opened at $134.36 on Friday. iShares Russell Mid-Cap Growth ETF has a one year low of $95.85 and a one year high of $134.49. The company has a market cap of $17.38 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. The business’s fifty day moving average is $121.87 and its two-hundred day moving average is $114.53.

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).