The iShares Russell Mid-Cap Growth ETF (IWP) has experienced a notable outflow of approximately $97.7 million, marking a 0.5% decrease in shares outstanding from 149.15 million to 148.45 million week-over-week. This decline points to shifting investor sentiment amidst fluctuations in the underlying holdings, including Vertiv Holdings Co (VRT) down 0.3%, Hilton Worldwide Holdings Inc (HLT) down 0.9%, and Cencora Inc (COR) up 0.6%.
Over the past year, IWP has fluctuated between a low of $99.85 per share and a high of $145.60, with a recent trade price of $140.03. This performance is relevant for investors monitoring trends against the 200-day moving average for better technical analysis.
