Cahaba Wealth Management Inc. Acquires 739 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Cahaba Wealth Management Inc. grew its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 12.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,697 shares of the company’s stock after purchasing an additional 739 shares during the quarter. Cahaba Wealth Management Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $785,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWP. Envestnet Asset Management Inc. boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 2,243,857 shares of the company’s stock valued at $247,610,000 after acquiring an additional 57,491 shares during the period. Cassaday & Co Wealth Management LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 1.6% in the second quarter. Cassaday & Co Wealth Management LLC now owns 2,086,822 shares of the company’s stock valued at $230,281,000 after acquiring an additional 31,922 shares during the period. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 2.2% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,543,573 shares of the company’s stock valued at $170,333,000 after acquiring an additional 32,942 shares during the period. US Bancorp DE raised its stake in iShares Russell Mid-Cap Growth ETF by 0.4% in the first quarter. US Bancorp DE now owns 1,534,216 shares of the company’s stock valued at $175,116,000 after purchasing an additional 6,034 shares in the last quarter. Finally, First Citizens Bank & Trust Co. raised its stake in iShares Russell Mid-Cap Growth ETF by 1.8% in the second quarter. First Citizens Bank & Trust Co. now owns 1,431,399 shares of the company’s stock valued at $157,955,000 after purchasing an additional 24,647 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

IWP traded up $0.59 on Friday, reaching $122.06. The company had a trading volume of 542,817 shares, compared to its average volume of 855,040. The business has a 50 day simple moving average of $114.99 and a 200 day simple moving average of $111.68. The company has a market cap of $15.79 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 52-week low of $85.24 and a 52-week high of $122.38.

iShares Russell Mid-Cap Growth ETF Company 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).