First Citizens Asset Management Inc. Purchases 19,309 Shares of iShares Russell Mid-Cap Growth ETF $IWP

First Citizens Asset Management Inc. lifted its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 24.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 97,372 shares of the company’s stock after acquiring an additional 19,309 shares during the quarter. iShares Russell Mid-Cap Growth ETF accounts for approximately 4.9% of First Citizens Asset Management Inc.’s holdings, making the stock its 7th largest position. First Citizens Asset Management Inc. owned 0.07% of iShares Russell Mid-Cap Growth ETF worth $13,867,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Financial Gravity Companies Inc. acquired a new position in iShares Russell Mid-Cap Growth ETF in the second quarter worth $28,000. Abound Wealth Management raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 223.2% during the third quarter. Abound Wealth Management now owns 223 shares of the company’s stock worth $32,000 after purchasing an additional 154 shares during the period. Clean Yield Group bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth about $33,000. Ashton Thomas Securities LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at about $34,000. Finally, Berkshire Money Management Inc. acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 2nd quarter valued at about $45,000. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Up 0.4%

IWP opened at $136.15 on Tuesday. The company’s 50-day moving average price is $139.13 and its 200 day moving average price is $140.53. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $145.60. The firm has a market cap of $20.15 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15.

iShares Russell Mid-Cap Growth ETF Company Profile

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). The Index measures the performance of the mid-capitalization growth sector of the United States equity market. It is a subset of the Russell Midcap Index and measures the performance of equity securities of Russell Midcap Index issuers with relatively higher price-to-book ratios and higher forecasted growth.