iShares Russell Mid-Cap Growth ETF $IWP Shares Newly Bought by M Holdings Securities Inc.

M Holdings Securities Inc. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 7,616 shares of the company’s stock, valued at approximately $994,000.

Other large investors also recently modified their holdings of the company. Wellington Management Group LLP acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the second quarter worth about $54,218,000. Fifth Third Bancorp grew its stake 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 valued at $65,470,000 after purchasing an additional 309,058 shares in the last quarter. GenWealth Group Inc. acquired a new stake in iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at approximately $30,490,000. Canandaigua National Bank & Trust Co. acquired a new stake in iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at approximately $14,332,000. Finally, Envestnet Asset Management Inc. increased its holdings in iShares Russell Mid-Cap Growth ETF by 1.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock worth $858,908,000 after purchasing an additional 93,924 shares during the last quarter. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Up 4.1%

IWP stock opened at $129.13 on Tuesday. The stock’s 50 day moving average is $136.75 and its two-hundred day moving average is $137.42. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.40 and a 52-week high of $148.29. The company has a market capitalization of $18.14 billion, a PE ratio of 27.78 and a beta of 1.13.

iShares Russell Mid-Cap Growth ETF Company 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.