Nicolet Advisory Services LLC grew its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 149.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 15,203 shares of the company’s stock after buying an additional 9,101 shares during the quarter. Nicolet Advisory Services LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,149,000 as of its most recent SEC filing.
Other institutional investors also recently modified their holdings of the company. American Wealth Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the third quarter valued at about $1,954,000. Concurrent Investment Advisors LLC increased its position 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 acquiring an additional 3,769 shares during the last quarter. AE Wealth Management LLC increased its position in shares of iShares Russell Mid-Cap Growth ETF by 6.7% in the fourth quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock valued at $13,039,000 after acquiring an additional 5,971 shares during the last quarter. Johnson Financial Group Inc. increased its position 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, Congress Asset Management Co. increased its position in shares of iShares Russell Mid-Cap Growth ETF by 118.3% in the fourth 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 during the last quarter. 74.49% of the stock is currently owned by institutional investors.
iShares Russell Mid-Cap Growth ETF Stock Performance
NYSEARCA:IWP opened at $140.80 on Friday. The stock’s 50-day simple moving average is $136.97 and its 200 day simple moving average is $136.53. The company has a market cap of $20.23 billion, a P/E ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $145.60.
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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