Claro Advisors LLC Trims Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Claro Advisors LLC lessened its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 35.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 17,092 shares of the company’s stock after selling 9,240 shares during the period. Claro Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,886,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. CNB Bank raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 970.8% in the 1st quarter. CNB Bank now owns 257 shares of the company’s stock valued at $29,000 after purchasing an additional 233 shares in the last quarter. Tidemark LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth approximately $30,000. Richardson Financial Services Inc. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at approximately $32,000. Adirondack Trust Co. raised its position in shares of iShares Russell Mid-Cap Growth ETF by 78.3% during the 2nd 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 acquired a new position in iShares Russell Mid-Cap Growth ETF in the second quarter worth $33,000.

iShares Russell Mid-Cap Growth ETF Stock Up 0.6 %

Shares of NYSEARCA:IWP traded up $0.71 on Friday, reaching $113.78. 613,872 shares of the company’s stock were exchanged, compared to its average volume of 818,862. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $85.24 and a fifty-two week high of $115.43. The business’s 50-day moving average is $110.79 and its two-hundred day moving average is $110.60. The firm has a market capitalization of $14.72 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).