Asempa Wealth Advisors purchased a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 7,705 shares of the company’s stock, valued at approximately $1,076,000.
A number of other large investors have also modified their holdings of the business. Paladin Partners LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the 3rd quarter valued at about $374,000. Ballew Advisors Inc lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 0.6% during the 3rd quarter. Ballew Advisors Inc now owns 22,243 shares of the company’s stock worth $3,141,000 after acquiring an additional 133 shares during the period. Horizons Wealth Management acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at $59,000. Rockland Trust Co. increased its stake in iShares Russell Mid-Cap Growth ETF by 10.6% during the third quarter. Rockland Trust Co. now owns 6,049 shares of the company’s stock worth $833,000 after acquiring an additional 581 shares during the last quarter. Finally, Polaris Financial Partners acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at about $137,000. 74.49% of the stock is owned by hedge funds and other institutional investors.
iShares Russell Mid-Cap Growth ETF Trading Down 1.4%
NYSEARCA:IWP traded down $2.00 during mid-day trading on Wednesday, hitting $141.44. The company had a trading volume of 182,650 shares, compared to its average volume of 878,372. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year high of $148.29. The firm has a market capitalization of $19.87 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13. The business has a fifty day simple moving average of $140.53 and a 200-day simple moving average of $138.54.
iShares Russell Mid-Cap Growth ETF 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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