Cassaday & Co Wealth Management LLC Has $292.63 Million Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Cassaday & Co Wealth Management LLC lessened its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.3% in the second quarter, according to its most recent filing with the SEC. The fund owned 2,110,082 shares of the company’s stock after selling 5,559 shares during the period. iShares Russell Mid-Cap Growth ETF comprises about 7.3% of Cassaday & Co Wealth Management LLC’s portfolio, making the stock its 2nd largest holding. Cassaday & Co Wealth Management LLC owned 1.51% of iShares Russell Mid-Cap Growth ETF worth $292,626,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Revolve Wealth Partners LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after acquiring an additional 182 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in iShares Russell Mid-Cap Growth ETF by 31.7% during the first quarter. Allspring Global Investments Holdings LLC now owns 31,634 shares of the company’s stock worth $3,750,000 after buying an additional 7,620 shares in the last quarter. DAVENPORT & Co LLC grew its position in iShares Russell Mid-Cap Growth ETF by 6.3% during the first quarter. DAVENPORT & Co LLC now owns 4,383 shares of the company’s stock worth $515,000 after buying an additional 258 shares in the last quarter. Principal Financial Group Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 142.3% during the first quarter. Principal Financial Group Inc. now owns 6,300 shares of the company’s stock worth $740,000 after buying an additional 3,700 shares in the last quarter. Finally, Capital Investment Advisory Services LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 69.6% during the first quarter. Capital Investment Advisory Services LLC now owns 229 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 0.2%

NYSEARCA IWP opened at $141.76 on Tuesday. iShares Russell Mid-Cap Growth ETF has a 1-year low of $99.85 and a 1-year high of $145.60. The stock’s 50 day moving average is $142.98 and its two-hundred day moving average is $137.39. The company has a market capitalization of $20.72 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15.

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).