Goelzer Investment Management Inc. Cuts Stock Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

by · The Cerbat Gem

Goelzer Investment Management Inc. cut its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWPFree Report) by 11.4% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,017 shares of the company’s stock after selling 260 shares during the quarter. Goelzer Investment Management Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $237,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. CX Institutional bought a new stake in iShares Russell Mid-Cap Growth ETF in the first quarter worth about $37,000. Mascoma Wealth Management LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 86.9% in the fourth quarter. Mascoma Wealth Management LLC now owns 314 shares of the company’s stock valued at $40,000 after purchasing an additional 146 shares during the last quarter. Wood Tarver Financial Group LLC purchased a new position in iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $50,000. Bernard Wealth Management Corp. bought a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at $54,000. Finally, CoreCap Advisors LLC increased its position in iShares Russell Mid-Cap Growth ETF by 97.1% in the fourth quarter. CoreCap Advisors LLC now owns 481 shares of the company’s stock worth $61,000 after buying an additional 237 shares during the last quarter. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP opened at $139.99 on Friday. iShares Russell Mid-Cap Growth ETF has a 1 year low of $99.85 and a 1 year high of $140.19. The stock’s fifty day moving average price is $132.07 and its two-hundred day moving average price is $127.71. The firm has a market cap of $22.31 billion, a PE ratio of 26.67 and a beta of 1.10.

About iShares Russell Mid-Cap Growth ETF

(Free Report)

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).

Recommended Stories

Want to see what other hedge funds are holding IWP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWPFree Report).