Summit Financial LLC Sells 8,133 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Summit Financial LLC trimmed its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 28.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 and Exchange Commission.

A number of other institutional investors also recently modified their holdings of IWP. Partners in Financial Planning acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at $431,000. O Shaughnessy Asset Management LLC increased its position in iShares Russell Mid-Cap Growth ETF by 40.6% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 3,431 shares of the company’s stock valued at $435,000 after acquiring an additional 991 shares in the last quarter. Clearbridge Investments LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 551.4% in the fourth quarter. Clearbridge Investments LLC now owns 66,758 shares of the company’s stock worth $8,462,000 after acquiring an additional 56,509 shares during the last quarter. Walled Lake Planning & Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 6.3% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 6,128 shares of the company’s stock worth $777,000 after purchasing an additional 365 shares in the last quarter. Finally, Life Planning Partners Inc acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $11,358,000.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP opened at $117.49 on Tuesday. The stock’s fifty day moving average price is $128.63 and its two-hundred day moving average price is $127.02. The company has a market cap of $16.50 billion, a price-to-earnings ratio of 29.68 and a beta of 1.16. iShares Russell Mid-Cap Growth ETF has a 52-week low of $101.12 and a 52-week high of $139.68.

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).