Peapack Gladstone Financial Corp Sells 1,442 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Peapack Gladstone Financial Corp reduced its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 3.2% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,066 shares of the company’s stock after selling 1,442 shares during the period. Peapack Gladstone Financial Corp’s holdings in iShares Russell Mid-Cap Growth ETF were worth $5,459,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Raymond James Financial Inc. acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth about $126,309,000. Strategic Financial Concepts LLC grew its holdings in iShares Russell Mid-Cap Growth ETF by 12,202.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 723,865 shares of the company’s stock valued at $91,750,000 after purchasing an additional 717,981 shares during the period. Angeles Investment Advisors LLC bought a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $80,144,000. Envestnet Portfolio Solutions Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 26.1% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,881,474 shares of the company’s stock worth $238,477,000 after purchasing an additional 389,972 shares during the period. Finally, First Citizens Bank & Trust Co. boosted its position 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.

iShares Russell Mid-Cap Growth ETF Stock Down 6.6 %

IWP opened at $105.68 on Monday. The stock has a market cap of $14.84 billion, a P/E ratio of 29.68 and a beta of 1.16. iShares Russell Mid-Cap Growth ETF has a 12 month low of $101.12 and a 12 month high of $139.68. The company has a fifty day simple moving average of $126.96 and a 200 day simple moving average of $127.02.

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).