L. Roy Papp & Associates LLP Buys 461 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

L. Roy Papp & Associates LLP grew its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 11.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,436 shares of the company’s stock after acquiring an additional 461 shares during the quarter. L. Roy Papp & Associates LLP’s holdings in iShares Russell Mid-Cap Growth ETF were worth $490,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. GLOBALT Investments LLC GA bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at about $96,179,000. BNP Paribas Financial Markets grew its stake in iShares Russell Mid-Cap Growth ETF by 1,833,974.1% during the 1st quarter. BNP Paribas Financial Markets now owns 495,200 shares of the company’s stock valued at $56,522,000 after purchasing an additional 495,173 shares during the last quarter. Congress Asset Management Co. MA boosted its position in iShares Russell Mid-Cap Growth ETF by 124.2% in the fourth quarter. Congress Asset Management Co. MA now owns 588,875 shares of the company’s stock valued at $61,514,000 after buying an additional 326,178 shares during the last quarter. Cetera Investment Advisers boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 442.4% in the 1st quarter. Cetera Investment Advisers now owns 391,146 shares of the company’s stock valued at $44,645,000 after acquiring an additional 319,037 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 20.4% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 1,510,631 shares of the company’s stock worth $172,423,000 after purchasing an additional 255,690 shares during the period.

iShares Russell Mid-Cap Growth ETF Price Performance

IWP stock traded up $1.59 during trading on Friday, hitting $114.44. 812,379 shares of the company traded hands, compared to its average volume of 825,303. iShares Russell Mid-Cap Growth ETF has a 1 year low of $85.24 and a 1 year high of $115.43. The company has a market cap of $14.80 billion, a PE ratio of 29.60 and a beta of 1.15. The stock’s 50-day simple moving average is $110.39 and its 200 day simple moving average is $110.34.

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).