iShares Russell Mid-Cap Growth ETF $IWP Shares Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 63.6% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 44,027 shares of the company’s stock after acquiring an additional 17,111 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Russell Mid-Cap Growth ETF were worth $6,270,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the second quarter valued at about $28,000. Abound Wealth Management lifted its stake in iShares Russell Mid-Cap Growth ETF by 223.2% in the 3rd quarter. Abound Wealth Management now owns 223 shares of the company’s stock valued at $32,000 after buying an additional 154 shares in the last quarter. Clean Yield Group acquired a new stake in iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth about $33,000. Ashton Thomas Securities LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth about $34,000. Finally, WFA of San Diego LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the 2nd quarter worth approximately $47,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $135.57 on Friday. The stock has a market capitalization of $19.89 billion, a P/E ratio of 30.48 and a beta of 1.15. The business has a 50 day simple moving average of $138.78 and a two-hundred day simple moving average of $140.34. iShares Russell Mid-Cap Growth ETF has a 12 month low of $99.85 and a 12 month high of $145.60.

About iShares Russell Mid-Cap Growth ETF

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.