Stratos Wealth Partners LTD. Buys 14,120 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Stratos Wealth Partners LTD. grew its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 36.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,960 shares of the company’s stock after purchasing an additional 14,120 shares during the period. Stratos Wealth Partners LTD.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $6,222,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Capital Investment Advisory Services LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 69.6% in the first quarter. Capital Investment Advisory Services LLC now owns 229 shares of the company’s stock worth $27,000 after buying an additional 94 shares during the period. Investmark Advisory Group LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.8% in the fourth quarter. Investmark Advisory Group LLC now owns 5,736 shares of the company’s stock worth $727,000 after buying an additional 99 shares during the period. Builder Investment Group Inc. ADV raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 0.6% in the first quarter. Builder Investment Group Inc. ADV now owns 16,466 shares of the company’s stock worth $1,935,000 after buying an additional 100 shares during the period. Golden State Equity Partners raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.1% in the first quarter. Golden State Equity Partners now owns 9,782 shares of the company’s stock worth $1,149,000 after buying an additional 107 shares during the period. Finally, First Western Trust Bank raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.1% in the fourth quarter. First Western Trust Bank now owns 5,656 shares of the company’s stock worth $717,000 after buying an additional 119 shares during the period. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Down 0.5%

IWP opened at $138.84 on Wednesday. The stock’s fifty day moving average is $133.19 and its two-hundred day moving average is $127.91. The company has a market capitalization of $19.44 billion, a P/E ratio of 30.48 and a beta of 1.10. iShares Russell Mid-Cap Growth ETF has a 52 week low of $99.85 and a 52 week high of $140.19.

About iShares Russell Mid-Cap Growth ETF

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).