Summit Financial LLC Has $2.63 Million Stock Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Summit Financial LLC decreased its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 28.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 20,745 shares of the company’s stock after selling 8,133 shares during the quarter. Summit Financial LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,629,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter worth $126,309,000. Strategic Financial Concepts LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 12,202.3% during the 4th quarter. Strategic Financial Concepts LLC now owns 723,865 shares of the company’s stock worth $91,750,000 after acquiring an additional 717,981 shares during the period. Angeles Investment Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at about $80,144,000. Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 26.1% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,881,474 shares of the company’s stock worth $238,477,000 after purchasing an additional 389,972 shares in the last quarter. Finally, First Citizens Bank & Trust Co. boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 25.6% during the fourth quarter. First Citizens Bank & Trust Co. now owns 1,791,302 shares of the company’s stock worth $227,048,000 after purchasing an additional 365,602 shares during the period.

iShares Russell Mid-Cap Growth ETF Trading Down 0.1 %

Shares of NYSEARCA:IWP opened at $117.49 on Tuesday. iShares Russell Mid-Cap Growth ETF has a 1 year low of $101.12 and a 1 year high of $139.68. The business has a fifty day simple moving average of $128.63 and a 200 day simple moving average of $127.02. The firm has a market cap of $16.50 billion, a price-to-earnings ratio of 29.68 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).