Peterson Financial Group Inc. Trims Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Peterson Financial Group Inc. cut its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 14.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,504 shares of the company’s stock after selling 600 shares during the period. iShares Russell Mid-Cap Growth ETF comprises 1.6% of Peterson Financial Group Inc.’s portfolio, making the stock its 14th largest holding. Peterson Financial Group Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $411,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its stake in iShares Russell Mid-Cap Growth ETF by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 2,243,857 shares of the company’s stock valued at $247,610,000 after acquiring an additional 57,491 shares in the last quarter. Cassaday & Co Wealth Management LLC grew its stake in 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 valued at $230,281,000 after acquiring an additional 31,922 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its stake in iShares Russell Mid-Cap Growth ETF by 2.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,543,573 shares of the company’s stock valued at $170,333,000 after acquiring an additional 32,942 shares in the last quarter. First Citizens Bank & Trust Co. grew its stake in iShares Russell Mid-Cap Growth ETF by 1.8% during the second quarter. First Citizens Bank & Trust Co. now owns 1,431,399 shares of the company’s stock valued at $157,955,000 after acquiring an additional 24,647 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in iShares Russell Mid-Cap Growth ETF by 6.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 871,432 shares of the company’s stock valued at $96,167,000 after acquiring an additional 54,729 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

IWP opened at $127.95 on Friday. The stock has a market capitalization of $16.55 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. The company has a fifty day moving average of $119.92 and a 200 day moving average of $113.76. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $93.74 and a fifty-two week high of $132.41.

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).