iShares Russell Mid-Cap Growth ETF $IWP Shares Acquired by Investment Partners LTD.

Investment Partners LTD. lifted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 94.5% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 86,143 shares of the company’s stock after acquiring an additional 41,859 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for about 1.8% of Investment Partners LTD.’s investment portfolio, making the stock its 14th largest position. Investment Partners LTD. owned approximately 0.06% of iShares Russell Mid-Cap Growth ETF worth $11,860,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWP. Envestnet Asset Management Inc. boosted its position in iShares Russell Mid-Cap Growth ETF by 1.6% during the second quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock worth $858,908,000 after purchasing an additional 93,924 shares during the period. Cassaday & Co Wealth Management LLC grew its holdings in iShares Russell Mid-Cap Growth ETF by 1.9% during the first quarter. Cassaday & Co Wealth Management LLC now owns 2,184,734 shares of the company’s stock valued at $279,908,000 after purchasing an additional 41,659 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of iShares Russell Mid-Cap Growth ETF by 5.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,486,576 shares of the company’s stock valued at $217,650,000 after purchasing an additional 71,020 shares during the period. Stephens Group Asset Management LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 12.6% in the third quarter. Stephens Group Asset Management LLC now owns 633,950 shares of the company’s stock valued at $87,282,000 after purchasing an additional 70,933 shares during the period. Finally, Fifth Third Bancorp raised 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 valued at $65,470,000 after purchasing an additional 309,058 shares during the period. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Trading Down 3.5%

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $131.64 on Friday. The firm has a fifty day simple moving average of $138.46 and a 200-day simple moving average of $137.80. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $148.29. The stock has a market capitalization of $18.52 billion, a price-to-earnings 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.