Northwestern Mutual Wealth Management Co. Purchases 71,020 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Northwestern Mutual Wealth Management Co. boosted its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 5.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,486,576 shares of the company’s stock after buying an additional 71,020 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $217,650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of IWP. CNB Bank lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 478.8% in the 4th quarter. CNB Bank now owns 191 shares of the company’s stock worth $26,000 after acquiring an additional 158 shares during the last quarter. McIlrath & Eck LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 1st quarter valued at $26,000. Hilton Head Capital Partners LLC purchased a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter worth $27,000. Beaird Harris Wealth Management LLC raised its position in iShares Russell Mid-Cap Growth ETF by 125.0% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the period. Finally, Sfam LLC bought a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter worth $28,000. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Down 0.3%

IWP opened at $140.46 on Tuesday. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $148.29. The business’s 50-day moving average price is $141.69 and its 200-day moving average price is $137.75. The company has a market cap of $20.22 billion, a P/E ratio of 30.48 and a beta of 1.12.

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.