iShares Russell Mid-Cap Growth ETF $IWP Stock Purchased by Conning Inc.

Conning Inc. increased its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 16.8% during the 3rd quarter, Holdings Channel reports. The firm owned 76,647 shares of the company’s stock after acquiring an additional 11,042 shares during the period. Conning Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $10,553,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bryn Mawr Trust Advisors LLC raised its holdings in iShares Russell Mid-Cap Growth ETF by 190.4% during the first quarter. Bryn Mawr Trust Advisors LLC now owns 14,812 shares of the company’s stock valued at $1,898,000 after acquiring an additional 9,712 shares during the period. Whitaker Myers Wealth Managers LTD. boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 7.8% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 154,430 shares of the company’s stock worth $22,610,000 after acquiring an additional 11,127 shares during the period. BIP Wealth LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the second quarter worth about $823,000. Kintra Wealth LLC grew its position in shares of iShares Russell Mid-Cap Growth ETF by 19.3% during the second quarter. Kintra Wealth LLC now owns 40,475 shares of the company’s stock worth $5,954,000 after purchasing an additional 6,547 shares in the last quarter. Finally, Corient Private Wealth LP grew its position in shares of iShares Russell Mid-Cap Growth ETF by 17.3% during the second quarter. Corient Private Wealth LP now owns 163,106 shares of the company’s stock worth $23,881,000 after purchasing an additional 24,099 shares in the last quarter. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Up 0.4%

Shares of IWP opened at $136.31 on Thursday. The business’s 50 day moving average is $138.82 and its 200 day moving average is $137.87. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $148.29. The company has a market capitalization of $19.19 billion, a PE ratio of 30.48 and a beta of 1.13.

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.