Burt Wealth Advisors Reduces Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Burt Wealth Advisors reduced its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 5.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,676 shares of the company’s stock after selling 200 shares during the period. Burt Wealth Advisors’ holdings in iShares Russell Mid-Cap Growth ETF were worth $431,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.6% in 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 during the period. Cassaday & Co Wealth Management LLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.6% during the second quarter. Cassaday & Co Wealth Management LLC now owns 2,086,822 shares of the company’s stock worth $230,281,000 after purchasing an additional 31,922 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,543,573 shares of the company’s stock worth $170,333,000 after purchasing an additional 32,942 shares during the last quarter. US Bancorp DE increased its holdings in iShares Russell Mid-Cap Growth ETF by 0.4% during the 1st quarter. US Bancorp DE now owns 1,534,216 shares of the company’s stock valued at $175,116,000 after purchasing an additional 6,034 shares during the period. Finally, First Citizens Bank & Trust Co. raised its position in iShares Russell Mid-Cap Growth ETF by 1.8% during 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 during the last quarter.

iShares Russell Mid-Cap Growth ETF Trading Up 0.7 %

Shares of IWP stock traded up $0.88 during trading hours on Friday, reaching $129.23. The company’s stock had a trading volume of 127,742 shares, compared to its average volume of 844,406. iShares Russell Mid-Cap Growth ETF has a one year low of $89.89 and a one year high of $129.47. The stock has a market capitalization of $16.72 billion, a P/E ratio of 29.60 and a beta of 1.15. The firm’s fifty day simple moving average is $117.33 and its 200 day simple moving average is $112.70.

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).