First Merchants Corp Cuts Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

First Merchants Corp trimmed its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,647 shares of the company’s stock after selling 522 shares during the period. First Merchants Corp’s holdings in iShares Russell Mid-Cap Growth ETF were worth $7,941,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Cassaday & Co Wealth Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.3% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 2,134,150 shares of the company’s stock valued at $250,314,000 after acquiring an additional 47,328 shares in the last quarter. LPL Financial LLC raised its position in iShares Russell Mid-Cap Growth ETF by 11.1% in the third quarter. LPL Financial LLC now owns 1,814,140 shares of the company’s stock valued at $212,780,000 after purchasing an additional 181,523 shares during the period. First Citizens Bank & Trust Co. lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 25.6% during the fourth quarter. First Citizens Bank & Trust Co. now owns 1,791,302 shares of the company’s stock worth $227,048,000 after purchasing an additional 365,602 shares in the last quarter. Strategic Financial Concepts LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 12,202.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 723,865 shares of the company’s stock worth $91,750,000 after buying an additional 717,981 shares during the period. Finally, Wellington Management Group LLP grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 156.5% in the third quarter. Wellington Management Group LLP now owns 521,898 shares of the company’s stock valued at $61,213,000 after buying an additional 318,410 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

iShares Russell Mid-Cap Growth ETF stock opened at $138.36 on Friday. The firm has a market capitalization of $17.90 billion, a PE ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a one year low of $101.12 and a one year high of $139.25. The stock’s 50 day moving average price is $132.46 and its 200 day moving average price is $123.58.

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).