My Personal CFO LLC Invests $714,000 in iShares Russell Mid-Cap Growth ETF $IWP

My Personal CFO LLC purchased a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 5,017 shares of the company’s stock, valued at approximately $714,000.

Several other hedge funds have also bought and sold shares of IWP. Financial Gravity Companies Inc. purchased a new stake in iShares Russell Mid-Cap Growth ETF in the second quarter worth about $28,000. Abound Wealth Management boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 223.2% in the 3rd quarter. Abound Wealth Management now owns 223 shares of the company’s stock worth $32,000 after purchasing an additional 154 shares in the last quarter. Ryan Investment Management Inc. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 2nd quarter worth approximately $36,000. Berkshire Money Management Inc. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 2nd quarter worth approximately $45,000. Finally, WFA of San Diego LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at approximately $47,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 1.1%

iShares Russell Mid-Cap Growth ETF stock opened at $136.94 on Thursday. The business’s fifty day simple moving average is $138.84 and its two-hundred day simple moving average is $140.18. iShares Russell Mid-Cap Growth ETF has a 12 month low of $99.85 and a 12 month high of $145.60. The company has a market capitalization of $20.01 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15.

iShares Russell Mid-Cap Growth ETF Company 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.