Weinberger Asset Management Inc Has $5.98 Million Stake in iShares Russell Mid-Cap Growth ETF $IWP

Weinberger Asset Management Inc raised its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 13.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,606 shares of the company’s stock after buying an additional 5,318 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for about 1.9% of Weinberger Asset Management Inc’s investment portfolio, making the stock its 7th biggest position. Weinberger Asset Management Inc’s holdings in iShares Russell Mid-Cap Growth ETF were worth $5,976,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,299,199 shares of the company’s stock valued at $725,672,000 after acquiring an additional 69,999 shares during the last quarter. First Command Advisory Services Inc. boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 8.0% in the 4th quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock worth $525,778,000 after acquiring an additional 284,943 shares in the last quarter. LPL Financial LLC grew its position in iShares Russell Mid-Cap Growth ETF by 6.6% during the 4th quarter. LPL Financial LLC now owns 2,616,494 shares of the company’s stock worth $358,303,000 after acquiring an additional 161,336 shares during the last quarter. Ameriprise Financial Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 1.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,524,819 shares of the company’s stock worth $350,422,000 after acquiring an additional 26,620 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 0.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,457,673 shares of the company’s stock worth $336,554,000 after acquiring an additional 12,105 shares during the last quarter. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

IWP stock opened at $147.25 on Friday. The business has a fifty day moving average price of $141.21 and a 200 day moving average price of $137.22. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $122.94 and a fifty-two week high of $147.72. The stock has a market capitalization of $21.20 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12.

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.