iShares Russell Mid-Cap Growth ETF $IWP Stake Boosted by Nova Wealth Management Inc.

Nova Wealth Management Inc. increased its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 333.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 919 shares of the company’s stock after purchasing an additional 707 shares during the quarter. Nova Wealth Management Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $108,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Capital Investment Advisory Services LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 69.6% during the first quarter. Capital Investment Advisory Services LLC now owns 229 shares of the company’s stock worth $27,000 after purchasing an additional 94 shares during the last quarter. Federated Hermes Inc. acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the first quarter valued at $29,000. CX Institutional acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the first quarter valued at $37,000. Millstone Evans Group LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 436.6% during the first quarter. Millstone Evans Group LLC now owns 381 shares of the company’s stock valued at $45,000 after purchasing an additional 310 shares during the period. Finally, Wood Tarver Financial Group LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at $50,000. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $144.23 on Friday. The stock’s fifty day moving average is $140.97 and its 200-day moving average is $130.70. iShares Russell Mid-Cap Growth ETF has a one year low of $99.85 and a one year high of $145.50. The firm has a market capitalization of $20.62 billion, a price-to-earnings ratio of 30.48 and a beta of 1.10.

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).