LifeWealth Investments LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 48.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,191 shares of the company’s stock after purchasing an additional 7,930 shares during the quarter. LifeWealth Investments LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $3,099,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently modified their holdings of the stock. American Wealth Advisors LLC acquired a new position in iShares Russell Mid-Cap Growth ETF in the third quarter valued at about $1,954,000. Concurrent Investment Advisors LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 29.8% during the fourth quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock worth $2,246,000 after buying an additional 3,769 shares in the last quarter. AE Wealth Management LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 6.7% during the fourth quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock worth $13,039,000 after buying an additional 5,971 shares in the last quarter. Johnson Financial Group Inc. raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 29.7% in the third quarter. Johnson Financial Group Inc. now owns 46,403 shares of the company’s stock valued at $6,608,000 after acquiring an additional 10,615 shares during the last quarter. Finally, BCS Wealth Management bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $2,216,000. 74.49% of the stock is currently owned by institutional investors.
iShares Russell Mid-Cap Growth ETF Price Performance
Shares of IWP opened at $141.13 on Friday. The company has a market capitalization of $20.27 billion, a P/E ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $145.60. The business’s 50 day simple moving average is $138.86 and its 200-day simple moving average is $136.75.
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.
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