iShares Russell Mid-Cap Growth ETF $IWP Shares Newly Purchased by Asempa Wealth Advisors

Asempa Wealth Advisors bought a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,705 shares of the company’s stock, valued at approximately $1,076,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in shares of iShares Russell Mid-Cap Growth ETF by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock valued at $858,908,000 after acquiring an additional 93,924 shares during the period. LPL Financial LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 6.6% in the fourth 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 period. Cassaday & Co Wealth Management LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 1.9% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 2,184,734 shares of the company’s stock valued at $279,908,000 after buying an additional 41,659 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in iShares Russell Mid-Cap Growth ETF by 5.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,486,576 shares of the company’s stock valued at $217,650,000 after acquiring an additional 71,020 shares during the period. Finally, Mariner LLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 7.7% during the fourth quarter. Mariner LLC now owns 666,081 shares of the company’s stock worth $91,213,000 after acquiring an additional 47,836 shares during the period. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP traded down $2.00 during mid-day trading on Wednesday, reaching $141.44. 182,650 shares of the company’s stock were exchanged, compared to its average volume of 878,372. The business’s fifty day simple moving average is $140.53 and its two-hundred day simple moving average is $138.54. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $148.29. The firm has a market capitalization of $19.87 billion, a PE ratio of 30.48 and a beta of 1.13.

iShares Russell Mid-Cap Growth ETF Profile

(Free Report)

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.

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