Kestra Private Wealth Services LLC Increases Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Kestra Private Wealth Services LLC boosted its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 6.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 157,268 shares of the company’s stock after purchasing an additional 9,429 shares during the period. Kestra Private Wealth Services LLC owned about 0.11% of iShares Russell Mid-Cap Growth ETF worth $20,149,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ritholtz Wealth Management purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the first quarter valued at $249,000. Tanager Wealth Management LLP raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 8.8% during the 1st quarter. Tanager Wealth Management LLP now owns 1,924 shares of the company’s stock worth $247,000 after buying an additional 155 shares during the last quarter. Corundum Group Inc. boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 10.1% in the 1st quarter. Corundum Group Inc. now owns 75,496 shares of the company’s stock worth $9,673,000 after buying an additional 6,909 shares in the last quarter. Auour Investments LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 6.7% in the 1st quarter. Auour Investments LLC now owns 28,676 shares of the company’s stock worth $3,674,000 after buying an additional 1,798 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 21.7% in the 1st quarter. Fifth Third Wealth Advisors LLC now owns 14,757 shares of the company’s stock valued at $1,891,000 after acquiring an additional 2,633 shares during the last quarter. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Trading Up 1.0%

Shares of NYSEARCA IWP opened at $141.29 on Thursday. The company’s 50-day moving average price is $138.73 and its 200 day moving average price is $136.74. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $145.60. The stock has a market cap of $20.30 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13.

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). The Index measures the performance of the mid-capitalization growth sector of the United States equity market. It is a subset of the Russell Midcap Index and measures the performance of equity securities of Russell Midcap Index issuers with relatively higher price-to-book ratios and higher forecasted growth.