JPMorgan Chase & Co. Sells 71,037 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

JPMorgan Chase & Co. trimmed its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 8.2% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 792,804 shares of the company’s stock after selling 71,037 shares during the period. JPMorgan Chase & Co.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $92,988,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Bank of New York Mellon Corp grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 80.1% during the second quarter. Bank of New York Mellon Corp now owns 188,152 shares of the company’s stock worth $20,763,000 after purchasing an additional 83,679 shares in the last quarter. Founders Financial Securities LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 47.8% during the second quarter. Founders Financial Securities LLC now owns 4,920 shares of the company’s stock valued at $543,000 after purchasing an additional 1,592 shares during the last quarter. First National Trust Co grew its stake in iShares Russell Mid-Cap Growth ETF by 14.7% in the 2nd quarter. First National Trust Co now owns 27,236 shares of the company’s stock worth $3,005,000 after buying an additional 3,500 shares in the last quarter. Vance Wealth Inc. increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.3% in the 2nd quarter. Vance Wealth Inc. now owns 53,531 shares of the company’s stock worth $5,907,000 after buying an additional 1,216 shares during the last quarter. Finally, National Bank of Canada FI raised its position in shares of iShares Russell Mid-Cap Growth ETF by 47.2% during the 2nd quarter. National Bank of Canada FI now owns 1,300 shares of the company’s stock valued at $143,000 after buying an additional 417 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA IWP opened at $127.47 on Friday. The company has a market capitalization of $16.49 billion, a P/E ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 52-week low of $100.34 and a 52-week high of $138.84. The company has a fifty day moving average of $130.02 and a 200-day moving average of $119.03.

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).