Mariner LLC Has $91.21 Million Stock Position in iShares Russell Mid-Cap Growth ETF $IWP

Mariner LLC raised its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 7.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 666,081 shares of the company’s stock after buying an additional 47,836 shares during the period. Mariner LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $91,213,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in IWP. CIBC Private Wealth Group LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 103.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,309,901 shares of the company’s stock valued at $179,378,000 after buying an additional 667,479 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in iShares Russell Mid-Cap Growth ETF in the third quarter valued at approximately $91,697,000. First Command Advisory Services Inc. boosted its position in iShares Russell Mid-Cap Growth ETF by 8.0% in the fourth quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock valued at $525,778,000 after buying an additional 284,943 shares in the last quarter. BNP Paribas Financial Markets boosted its position in iShares Russell Mid-Cap Growth ETF by 102.1% in the third quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock valued at $71,347,000 after buying an additional 253,151 shares in the last quarter. Finally, Congress Asset Management Co. boosted its position in iShares Russell Mid-Cap Growth ETF by 118.3% during the 4th quarter. Congress Asset Management Co. now owns 458,580 shares of the company’s stock worth $62,798,000 after buying an additional 248,474 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA:IWP opened at $142.94 on Tuesday. The firm’s 50 day simple moving average is $137.25 and its 200 day simple moving average is $136.58. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $145.60. The company has a market cap of $20.53 billion, a PE ratio of 30.48 and a beta of 1.13.

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). 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.