First Merchants Corp Cuts Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

First Merchants Corp decreased its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 61,942 shares of the company’s stock after selling 788 shares during the quarter. First Merchants Corp’s holdings in iShares Russell Mid-Cap Growth ETF were worth $6,835,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Beacon Capital Management LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 32.6% during the second quarter. Beacon Capital Management LLC now owns 765 shares of the company’s stock valued at $84,000 after buying an additional 188 shares during the last quarter. Advisory Resource Group grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 4.4% during the second quarter. Advisory Resource Group now owns 2,737 shares of the company’s stock valued at $302,000 after buying an additional 116 shares during the last quarter. Processus Wealth & Capital Management LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 0.6% during the second quarter. Processus Wealth & Capital Management LLC now owns 26,247 shares of the company’s stock valued at $2,896,000 after buying an additional 152 shares during the last quarter. Joseph P. Lucia & Associates LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the second quarter valued at approximately $343,000. Finally, L. Roy Papp & Associates LLP grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 11.6% during the second quarter. L. Roy Papp & Associates LLP now owns 4,436 shares of the company’s stock valued at $490,000 after buying an additional 461 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Price Performance

iShares Russell Mid-Cap Growth ETF stock traded up $1.59 during midday trading on Friday, reaching $114.44. 812,379 shares of the company traded hands, compared to its average volume of 825,303. The firm has a market capitalization of $14.80 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. The business has a 50 day moving average of $110.49 and a two-hundred day moving average of $110.43. iShares Russell Mid-Cap Growth ETF has a 12 month low of $85.24 and a 12 month high of $115.43.

iShares Russell Mid-Cap Growth ETF Company Profile

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).