Strategic Financial Concepts LLC Invests $685,000 in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Strategic Financial Concepts LLC bought a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWPFree Report) during the first quarter, HoldingsChannel.com reports. The fund bought 6,003 shares of the company’s stock, valued at approximately $685,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Authentikos Wealth Advisory LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the third quarter valued at $29,000. ORG Partners LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 73.4% during the 4th quarter. ORG Partners LLC now owns 274 shares of the company’s stock valued at $29,000 after purchasing an additional 116 shares during the last quarter. Life Planning Partners Inc bought a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $30,000. Tidemark LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $30,000. Finally, BluePath Capital Management LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth approximately $32,000.

iShares Russell Mid-Cap Growth ETF Stock Down 1.9 %

IWP stock traded down $2.03 during midday trading on Tuesday, reaching $107.44. 497,292 shares of the company’s stock traded hands, compared to its average volume of 811,212. The company has a 50-day simple moving average of $111.01 and a two-hundred day simple moving average of $103.55. iShares Russell Mid-Cap Growth ETF has a 1-year low of $85.24 and a 1-year high of $114.60. The company has a market cap of $14.55 billion, a price-to-earnings ratio of 29.10 and a beta of 1.14.

iShares Russell Mid-Cap Growth ETF Profile

(Free Report)

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).

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Want to see what other hedge funds are holding IWP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWPFree Report).

Institutional Ownership by Quarter for iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

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