Financial Sense Advisors Inc. Acquires New Shares in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Financial Sense Advisors Inc. acquired a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 2,152 shares of the company’s stock, valued at approximately $246,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IWP. Morgan Stanley grew its stake in iShares Russell Mid-Cap Growth ETF by 2.2% during the 3rd quarter. Morgan Stanley now owns 10,917,711 shares of the company’s stock worth $997,333,000 after buying an additional 237,006 shares during the last quarter. Jones Financial Companies Lllp increased its position in iShares Russell Mid-Cap Growth ETF by 2.4% during the fourth quarter. Jones Financial Companies Lllp now owns 3,918,325 shares of the company’s stock worth $409,308,000 after buying an additional 92,345 shares in the last quarter. Commonwealth Equity Services LLC increased its position in iShares Russell Mid-Cap Growth ETF by 2.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 2,871,614 shares of the company’s stock worth $299,969,000 after buying an additional 63,473 shares in the last quarter. Ameriprise Financial Inc. grew its position in shares of 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 valued at $246,644,000 after purchasing an additional 225,697 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of iShares Russell Mid-Cap Growth ETF by 2.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 2,210,427 shares of the company’s stock valued at $230,901,000 after purchasing an additional 43,938 shares during the period.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA:IWP opened at $110.70 on Thursday. The firm has a market capitalization of $14.32 billion, a PE ratio of 29.60 and a beta of 1.15. The business has a 50-day moving average of $109.86 and a two-hundred day moving average of $108.70. iShares Russell Mid-Cap Growth ETF has a 12 month low of $85.24 and a 12 month 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).