Next Capital Management LLC Acquires 1,287 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Next Capital Management LLC grew its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 16.2% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 9,230 shares of the company’s stock after acquiring an additional 1,287 shares during the quarter. Next Capital Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,280,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. U.S. Capital Wealth Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at $323,000. MONECO Advisors LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 6.3% in the 1st quarter. MONECO Advisors LLC now owns 9,186 shares of the company’s stock worth $1,079,000 after buying an additional 546 shares in the last quarter. DAVENPORT & Co LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 35.0% in the 2nd quarter. DAVENPORT & Co LLC now owns 5,918 shares of the company’s stock worth $821,000 after buying an additional 1,535 shares in the last quarter. Norden Group LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 29.6% in the 2nd quarter. Norden Group LLC now owns 2,572 shares of the company’s stock worth $357,000 after buying an additional 588 shares in the last quarter. Finally, XY Planning Network Inc. acquired a new position in iShares Russell Mid-Cap Growth ETF in the 2nd quarter worth $394,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP stock opened at $141.76 on Tuesday. iShares Russell Mid-Cap Growth ETF has a 12 month low of $99.85 and a 12 month high of $145.60. The firm has a market capitalization of $20.72 billion, a P/E ratio of 30.48 and a beta of 1.15. The company’s fifty day moving average price is $142.98 and its two-hundred day moving average price is $137.39.

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).