iShares Russell Mid-Cap Growth ETF $IWP Stock: Park Avenue Securities LLC Grows Position

Park Avenue Securities LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 330.7% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 60,381 shares of the company’s stock after purchasing an additional 46,363 shares during the period. Park Avenue Securities LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $8,313,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. Envestnet Asset Management Inc. raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock valued at $858,908,000 after acquiring an additional 93,924 shares during the period. Cassaday & Co Wealth Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.9% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 2,184,734 shares of the company’s stock valued at $279,908,000 after acquiring an additional 41,659 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 5.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,486,576 shares of the company’s stock valued at $217,650,000 after acquiring an additional 71,020 shares in the last quarter. Stephens Group Asset Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 12.6% during the 3rd quarter. Stephens Group Asset Management LLC now owns 633,950 shares of the company’s stock valued at $87,282,000 after acquiring an additional 70,933 shares in the last quarter. Finally, Fifth Third Bancorp boosted its position in iShares Russell Mid-Cap Growth ETF by 153.0% during the 1st quarter. Fifth Third Bancorp now owns 511,007 shares of the company’s stock worth $65,470,000 after purchasing an additional 309,058 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Up 0.4%

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $136.31 on Thursday. The company has a fifty day moving average price of $138.82 and a 200 day moving average price of $137.87. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $148.29. The stock has a market cap of $19.19 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.