Allworth Financial LP increased its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 1,943.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 139,581 shares of the company’s stock after buying an additional 132,751 shares during the period. Allworth Financial LP’s holdings in iShares Russell Mid-Cap Growth ETF were worth $20,436,000 as of its most recent SEC filing.
Other institutional investors also recently made changes to their positions in the company. Envestnet Asset Management Inc. grew its holdings in iShares Russell Mid-Cap Growth ETF by 1.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock worth $858,908,000 after acquiring an additional 93,924 shares in the last quarter. Cassaday & Co Wealth Management LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 1.9% in the first quarter. Cassaday & Co Wealth Management LLC now owns 2,184,734 shares of the company’s stock worth $279,908,000 after purchasing an additional 41,659 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in iShares Russell Mid-Cap Growth ETF by 5.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,486,576 shares of the company’s stock worth $217,650,000 after purchasing an additional 71,020 shares in the last quarter. Stephens Group Asset Management LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 12.6% during the third quarter. Stephens Group Asset Management LLC now owns 633,950 shares of the company’s stock worth $87,282,000 after purchasing an additional 70,933 shares during the period. Finally, Rodgers & Associates LTD boosted its position in iShares Russell Mid-Cap Growth ETF by 1.0% during the 2nd quarter. Rodgers & Associates LTD now owns 435,416 shares of the company’s stock valued at $63,749,000 after purchasing an additional 4,385 shares during the period. 74.49% of the stock is owned by institutional investors and hedge funds.
iShares Russell Mid-Cap Growth ETF Price Performance
NYSEARCA IWP opened at $129.23 on Friday. The firm has a market capitalization of $18.16 billion, a PE ratio of 27.78 and a beta of 1.13. The company’s 50 day simple moving average is $136.04 and its 200 day simple moving average is $137.23. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.40 and a 12 month high of $148.29.
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.
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