Sierra Capital LLC Trims Stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Sierra Capital LLC cut its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 5.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,584 shares of the company’s stock after selling 1,135 shares during the period. Sierra Capital LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,051,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. CNB Bank raised its position in shares of iShares Russell Mid-Cap Growth ETF by 970.8% during the 1st quarter. CNB Bank now owns 257 shares of the company’s stock valued at $29,000 after purchasing an additional 233 shares during the period. Tidemark LLC bought a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at about $30,000. Richardson Financial Services Inc. purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at about $32,000. Adirondack Trust Co. lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 78.3% in the second quarter. Adirondack Trust Co. now owns 296 shares of the company’s stock valued at $33,000 after acquiring an additional 130 shares in the last quarter. Finally, Lynx Investment Advisory bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the second quarter worth about $33,000.

iShares Russell Mid-Cap Growth ETF Trading Down 0.6 %

IWP traded down $0.73 on Monday, hitting $113.71. 725,059 shares of the company’s stock traded hands, compared to its average volume of 824,691. The company’s 50 day simple moving average is $110.56 and its 200-day simple moving average is $110.48. iShares Russell Mid-Cap Growth ETF has a one year low of $85.24 and a one year high of $115.43. The firm has a market cap of $14.71 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15.

iShares Russell Mid-Cap Growth ETF 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).