Steph & Co. Cuts Stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Steph & Co. lessened its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,036 shares of the company’s stock after selling 180 shares during the quarter. Steph & Co.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $422,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of IWP. Dougherty Wealth Advisers LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at $3,271,000. Wealthsource Partners LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter worth $216,000. International Assets Investment Management LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at $20,118,000. Hofer & Associates. Inc lifted its holdings in iShares Russell Mid-Cap Growth ETF by 1.0% in the fourth quarter. Hofer & Associates. Inc now owns 28,652 shares of the company’s stock valued at $2,993,000 after acquiring an additional 287 shares during the period. Finally, HWG Holdings LP boosted its position in iShares Russell Mid-Cap Growth ETF by 4,369.6% in the fourth quarter. HWG Holdings LP now owns 27,890 shares of the company’s stock worth $2,913,000 after purchasing an additional 27,266 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of iShares Russell Mid-Cap Growth ETF stock traded down $0.99 on Wednesday, hitting $107.02. 983,665 shares of the company’s stock were exchanged, compared to its average volume of 748,312. The stock has a market capitalization of $14.57 billion, a PE ratio of 30.12 and a beta of 1.14. iShares Russell Mid-Cap Growth ETF has a 1 year low of $85.24 and a 1 year high of $114.60. The company has a 50-day simple moving average of $111.26 and a 200-day simple moving average of $102.38.

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).