N.E.W. Advisory Services LLC Acquires Shares of 1,228 iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

N.E.W. Advisory Services LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,228 shares of the company’s stock, valued at approximately $144,000.

Several other large investors also recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in iShares Russell Mid-Cap Growth ETF by 2.2% in the fourth quarter. Bank of America Corp DE now owns 7,281,997 shares of the company’s stock valued at $922,993,000 after acquiring an additional 154,005 shares in the last quarter. Wells Fargo & Company MN boosted its stake in iShares Russell Mid-Cap Growth ETF by 4.2% in the fourth quarter. Wells Fargo & Company MN now owns 5,212,818 shares of the company’s stock valued at $660,725,000 after acquiring an additional 212,267 shares in the last quarter. LPL Financial LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 6.7% in the first quarter. LPL Financial LLC now owns 2,298,746 shares of the company’s stock valued at $269,980,000 after acquiring an additional 144,339 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 19.0% during the first quarter. Envestnet Asset Management Inc. now owns 1,929,629 shares of the company’s stock worth $226,712,000 after buying an additional 308,531 shares during the period. Finally, Truist Financial Corp boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 77.7% during the first quarter. Truist Financial Corp now owns 1,260,419 shares of the company’s stock worth $148,087,000 after buying an additional 551,089 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $141.52 on Wednesday. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $143.01. The company has a market capitalization of $19.72 billion, a price-to-earnings ratio of 30.48 and a beta of 1.10. The firm has a 50-day simple moving average of $136.58 and a 200-day simple moving average of $129.08.

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).