Savant Capital LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 14.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 40,138 shares of the company’s stock after buying an additional 5,194 shares during the quarter. Savant Capital LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $5,497,000 as of its most recent filing with the SEC.
Other large investors have also added to or reduced their stakes in the company. Richards Merrill & Peterson Inc. purchased a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $25,000. Beaird Harris Wealth Management LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 125.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the period. Imprint Wealth LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the third quarter worth about $29,000. Laurel Wealth Advisors LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $30,000. Finally, City State Bank bought a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.
iShares Russell Mid-Cap Growth ETF Stock Up 0.6%
Shares of NYSEARCA:IWP opened at $142.90 on Friday. The firm has a market capitalization of $20.53 billion, a PE ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $145.60. The company has a 50-day moving average price of $134.44 and a two-hundred day moving average price of $136.21.
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). 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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Want to see what other hedge funds are holding IWP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report).
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