IHT Wealth Management LLC Cuts Stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

IHT Wealth Management LLC cut its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 66.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,963 shares of the company’s stock after selling 25,169 shares during the period. IHT Wealth Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,520,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in IWP. Ashton Thomas Securities LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 251.1% in the 3rd quarter. Ashton Thomas Securities LLC now owns 330 shares of the company’s stock valued at $39,000 after acquiring an additional 236 shares during the last quarter. Centennial Bank AR increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1,335.7% in the second quarter. Centennial Bank AR now owns 402 shares of the company’s stock worth $44,000 after purchasing an additional 374 shares during the last quarter. Carmichael Hill & Associates Inc. increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 30.7% in the second quarter. Carmichael Hill & Associates Inc. now owns 413 shares of the company’s stock worth $46,000 after purchasing an additional 97 shares during the last quarter. Kimelman & Baird LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the second quarter worth about $47,000. Finally, Eagle Bay Advisors LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 1,177.8% during the second quarter. Eagle Bay Advisors LLC now owns 460 shares of the company’s stock valued at $51,000 after buying an additional 424 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA:IWP opened at $136.99 on Friday. The company has a market cap of $17.72 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 1 year low of $97.78 and a 1 year high of $138.22. The stock’s 50 day simple moving average is $125.37 and its two-hundred day simple moving average is $116.07.

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).