Beam Wealth Advisors Inc. Raises Stock Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Beam Wealth Advisors Inc. lifted its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 11.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,766 shares of the company’s stock after purchasing an additional 2,295 shares during the quarter. iShares Russell Mid-Cap Growth ETF comprises approximately 1.5% of Beam Wealth Advisors Inc.’s portfolio, making the stock its 19th biggest position. Beam Wealth Advisors Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,378,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Moneta Group Investment Advisors LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 124,827.5% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 91,796,711 shares of the company’s stock worth $7,674,205,000 after purchasing an additional 91,723,231 shares during the last quarter. TIAA Trust National Association purchased a new position in iShares Russell Mid-Cap Growth ETF in the third quarter worth $1,012,701,000. Morgan Stanley raised its position in iShares Russell Mid-Cap Growth ETF by 2.2% in the third quarter. Morgan Stanley now owns 10,917,711 shares of the company’s stock worth $997,333,000 after acquiring an additional 237,006 shares in the last quarter. Commonwealth Equity Services LLC raised its position in iShares Russell Mid-Cap Growth ETF by 1.2% in the third quarter. Commonwealth Equity Services LLC now owns 2,808,141 shares of the company’s stock worth $256,524,000 after acquiring an additional 33,902 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its position in iShares Russell Mid-Cap Growth ETF by 9.1% in the third quarter. Ameriprise Financial Inc. now owns 2,698,919 shares of the company’s stock worth $246,644,000 after acquiring an additional 225,697 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP traded down $0.68 during trading hours on Wednesday, hitting $107.33. The company’s stock had a trading volume of 628,062 shares, compared to its average volume of 742,544. The business’s 50-day moving average is $111.26 and its two-hundred day moving average is $102.38. The company has a market capitalization of $14.61 billion, a PE ratio of 30.12 and a beta of 1.14. iShares Russell Mid-Cap Growth ETF has a 52-week low of $85.24 and a 52-week high of $114.60.

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).