10,843 Shares in iShares Russell Mid-Cap Growth ETF $IWP Acquired by Independent Financial Group LLC

Independent Financial Group LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 10,843 shares of the company’s stock, valued at approximately $1,389,000.

Other large investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.3% during 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 period. First Command Advisory Services Inc. lifted its position in 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 valued at $525,778,000 after purchasing an additional 284,943 shares during the last quarter. LPL Financial LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 6.6% in the 4th quarter. LPL Financial LLC now owns 2,616,494 shares of the company’s stock valued at $358,303,000 after purchasing an additional 161,336 shares during the last quarter. Ameriprise Financial Inc. boosted its stake 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 valued at $350,422,000 after purchasing an additional 26,620 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake 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 valued at $336,554,000 after purchasing an additional 12,105 shares during the period. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA IWP opened at $137.59 on Monday. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $146.64. The stock has a market cap of $20.16 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. The company has a 50-day moving average price of $140.70 and a two-hundred day moving average price of $137.11.

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.