iShares Russell Mid-Cap Growth ETF $IWP Stock: Lido Advisors LLC Boosts Stake

Lido Advisors LLC lifted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 5.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 203,568 shares of the company’s stock after buying an additional 10,965 shares during the quarter. Lido Advisors LLC owned approximately 0.14% of iShares Russell Mid-Cap Growth ETF worth $28,027,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of IWP. Hilton Head Capital Partners LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the third quarter valued at approximately $28,000. McIlrath & Eck LLC bought a new stake in iShares Russell Mid-Cap Growth ETF in the 1st quarter worth approximately $26,000. Laurel Wealth Advisors LLC bought a new stake in iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth approximately $31,000. Allied Private Wealth LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter worth approximately $32,000. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 1st quarter worth approximately $30,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA IWP opened at $128.90 on Wednesday. The stock has a 50 day moving average price of $136.52 and a 200-day moving average price of $137.37. iShares Russell Mid-Cap Growth ETF has a one year low of $122.40 and a one year high of $148.29. The company has a market capitalization of $18.10 billion, a P/E ratio of 27.78 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.