IHT Wealth Management LLC Increases Position in iShares Russell Mid-Cap Growth ETF $IWP

IHT Wealth Management LLC grew its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 100.0% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 66,259 shares of the company’s stock after buying an additional 33,125 shares during the period. IHT Wealth Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $9,074,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. American Wealth Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the third quarter valued at about $1,954,000. Concurrent Investment Advisors LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 29.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock valued at $2,246,000 after buying an additional 3,769 shares during the last quarter. AE Wealth Management LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 6.7% in the fourth quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock valued at $13,039,000 after buying an additional 5,971 shares during the last quarter. Johnson Financial Group Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 29.7% during the third quarter. Johnson Financial Group Inc. now owns 46,403 shares of the company’s stock worth $6,608,000 after purchasing an additional 10,615 shares in the last quarter. Finally, BCS Wealth Management purchased a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $2,216,000. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Down 1.1%

NYSEARCA IWP opened at $140.61 on Thursday. The stock has a market capitalization of $20.20 billion, a P/E ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $145.60. The firm has a 50-day moving average price of $137.72 and a 200 day moving average price of $136.63.

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.