Cornerstone Planning Group LLC boosted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 1,436.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,485 shares of the company’s stock after purchasing an additional 5,128 shares during the period. Cornerstone Planning Group LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $754,000 at the end of the most recent quarter.
A number of other hedge funds have also added to or reduced their stakes in the stock. Investmark Advisory Group LLC boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.4% in the 4th quarter. Investmark Advisory Group LLC now owns 5,395 shares of the company’s stock worth $739,000 after buying an additional 74 shares during the last quarter. Ameriflex Group Inc. grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 14.3% in the fourth quarter. Ameriflex Group Inc. now owns 606 shares of the company’s stock worth $83,000 after acquiring an additional 76 shares during the period. Orin Green Financial LLC increased its position in iShares Russell Mid-Cap Growth ETF by 0.9% during the first quarter. Orin Green Financial LLC now owns 8,767 shares of the company’s stock valued at $1,123,000 after acquiring an additional 80 shares during the last quarter. Willner & Heller LLC increased its position in iShares Russell Mid-Cap Growth ETF by 0.7% during the fourth quarter. Willner & Heller LLC now owns 11,602 shares of the company’s stock valued at $1,589,000 after acquiring an additional 82 shares during the last quarter. Finally, Moneco Advisors LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 1.0% in the fourth quarter. Moneco Advisors LLC now owns 8,562 shares of the company’s stock valued at $1,172,000 after acquiring an additional 85 shares during the period. 74.49% of the stock is currently owned by hedge funds and other institutional investors.
iShares Russell Mid-Cap Growth ETF Stock Performance
IWP stock opened at $137.59 on Friday. The company has a market cap of $20.16 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. The business’s 50-day moving average is $140.70 and its two-hundred day moving average is $137.13. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $122.94 and a fifty-two week high of $146.64.
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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