GenWealth Group Inc. Purchases Shares of 208,254 iShares Russell Mid-Cap Growth ETF $IWP

GenWealth Group Inc. purchased a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 208,254 shares of the company’s stock, valued at approximately $30,490,000. iShares Russell Mid-Cap Growth ETF accounts for approximately 4.8% of GenWealth Group Inc.’s investment portfolio, making the stock its 7th biggest holding. GenWealth Group Inc. owned approximately 0.14% of iShares Russell Mid-Cap Growth ETF at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. CIBC Private Wealth Group LLC grew its holdings in iShares Russell Mid-Cap Growth ETF by 103.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,309,901 shares of the company’s stock valued at $179,378,000 after buying an additional 667,479 shares during the period. Fifth Third Bancorp boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 153.0% in the first quarter. Fifth Third Bancorp now owns 511,007 shares of the company’s stock worth $65,470,000 after acquiring an additional 309,058 shares during the last quarter. First Command Advisory Services Inc. boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 8.0% in the fourth quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock worth $525,778,000 after acquiring an additional 284,943 shares during the last quarter. Align Financial LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $38,443,000. Finally, BNP Paribas Financial Markets grew its holdings in iShares Russell Mid-Cap Growth ETF by 102.1% in the third quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock valued at $71,347,000 after purchasing an additional 253,151 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP stock opened at $144.86 on Wednesday. The firm has a market capitalization of $20.85 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $146.64. The company has a 50 day moving average price of $140.88 and a 200 day moving average price of $137.06.

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.