Iams Wealth Management LLC Purchases New Shares in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Iams Wealth Management LLC purchased a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 8,194 shares of the company’s stock, valued at approximately $909,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Dougherty Wealth Advisers LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter worth approximately $3,271,000. Wealthsource Partners LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth $216,000. Eubel Brady & Suttman Asset Management Inc. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at about $221,000. International Assets Investment Management LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the 4th quarter worth about $20,118,000. Finally, Brookstone Capital Management increased its position in iShares Russell Mid-Cap Growth ETF by 24.7% during the 1st quarter. Brookstone Capital Management now owns 15,332 shares of the company’s stock valued at $1,750,000 after purchasing an additional 3,035 shares during the period.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA IWP traded up $0.13 on Tuesday, hitting $109.88. The stock had a trading volume of 144,155 shares, compared to its average volume of 747,242. The stock has a market cap of $14.21 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. The business’s fifty day moving average price is $109.77 and its 200 day moving average price is $108.60. iShares Russell Mid-Cap Growth ETF has a 52-week low of $85.24 and a 52-week high of $114.60.

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).