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

Processus Wealth & Capital Management LLC trimmed its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 2.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,879 shares of the company’s stock after selling 573 shares during the quarter. iShares Russell Mid-Cap Growth ETF makes up 2.5% of Processus Wealth & Capital Management LLC’s investment portfolio, making the stock its 15th largest position. Processus Wealth & Capital Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $3,153,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in IWP. Ameliora Wealth Management Ltd. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth approximately $25,000. BankPlus Trust Department purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth approximately $26,000. PrairieView Partners LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 80.0% in the 4th quarter. PrairieView Partners LLC now owns 225 shares of the company’s stock worth $28,000 after acquiring an additional 100 shares in the last quarter. Insight Inv LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at approximately $38,000. Finally, Ashton Thomas Securities LLC raised its holdings in iShares Russell Mid-Cap Growth ETF by 251.1% in the third quarter. Ashton Thomas Securities LLC now owns 330 shares of the company’s stock worth $39,000 after purchasing an additional 236 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA:IWP opened at $128.86 on Tuesday. iShares Russell Mid-Cap Growth ETF has a one year low of $101.12 and a one year high of $139.68. The firm has a market capitalization of $17.81 billion, a P/E ratio of 35.02 and a beta of 1.14. The company’s 50-day simple moving average is $132.56 and its 200 day simple moving average is $125.30.

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).