Navigation Group LLC Invests $1.72 Million in iShares Russell Mid-Cap Growth ETF $IWP

Navigation Group LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWPFree Report) in the first quarter, Holdings Channel reports. The institutional investor bought 13,414 shares of the company’s stock, valued at approximately $1,719,000.

Several other institutional investors have also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 29.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock valued at $2,246,000 after buying an additional 3,769 shares during the last quarter. AE Wealth Management LLC grew its holdings in iShares Russell Mid-Cap Growth ETF by 6.7% during the 4th quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock worth $13,039,000 after acquiring an additional 5,971 shares during the last quarter. BCS Wealth Management bought a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter worth about $2,216,000. Krilogy Financial LLC grew its holdings in iShares Russell Mid-Cap Growth ETF by 5.7% during the 4th quarter. Krilogy Financial LLC now owns 282,178 shares of the company’s stock worth $39,401,000 after acquiring an additional 15,331 shares during the last quarter. Finally, Congress Asset Management Co. increased its position in iShares Russell Mid-Cap Growth ETF by 118.3% in the 4th quarter. Congress Asset Management Co. now owns 458,580 shares of the company’s stock valued at $62,798,000 after acquiring an additional 248,474 shares in the last quarter. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Down 0.9%

IWP opened at $140.33 on Thursday. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $146.64. The stock has a market capitalization of $20.57 billion, a PE ratio of 30.48 and a beta of 1.12. The firm has a 50-day moving average price of $140.70 and a two-hundred day moving average price of $137.13.

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

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