MV Capital Management Inc. Increases Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

MV Capital Management Inc. increased its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,301 shares of the company’s stock after purchasing an additional 244 shares during the quarter. MV Capital Management Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $3,841,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth approximately $126,309,000. Strategic Financial Concepts LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 12,202.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 723,865 shares of the company’s stock valued at $91,750,000 after buying an additional 717,981 shares during the last quarter. Angeles Investment Advisors LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter worth about $80,144,000. Envestnet Portfolio Solutions Inc. grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 26.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,881,474 shares of the company’s stock worth $238,477,000 after acquiring an additional 389,972 shares during the last quarter. Finally, First Citizens Bank & Trust Co. increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 25.6% during the fourth quarter. First Citizens Bank & Trust Co. now owns 1,791,302 shares of the company’s stock valued at $227,048,000 after acquiring an additional 365,602 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Down 2.2 %

IWP stock opened at $117.63 on Friday. The stock has a market capitalization of $16.52 billion, a PE ratio of 29.68 and a beta of 1.16. iShares Russell Mid-Cap Growth ETF has a 52 week low of $101.12 and a 52 week high of $139.68. The firm has a 50 day moving average of $128.92 and a 200 day moving average of $126.76.

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).