Advisor Resource Council Takes $1.97 Million Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Advisor Resource Council acquired a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 1st quarter, HoldingsChannel.com reports. The firm acquired 16,722 shares of the company’s stock, valued at approximately $1,965,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of IWP. Tallon Kerry Patrick purchased a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter worth approximately $1,873,000. Revolve Wealth Partners LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after buying an additional 182 shares during the period. Allspring Global Investments Holdings LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 42.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 24,014 shares of the company’s stock worth $3,065,000 after buying an additional 7,103 shares during the period. Principal Securities Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 20.6% during the 4th quarter. Principal Securities Inc. now owns 7,175 shares of the company’s stock valued at $909,000 after buying an additional 1,225 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its position in iShares Russell Mid-Cap Growth ETF by 1.0% during the 4th quarter. D.A. Davidson & CO. now owns 13,944 shares of the company’s stock valued at $1,767,000 after buying an additional 144 shares during the period.

iShares Russell Mid-Cap Growth ETF Stock Down 0.5%

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $134.15 on Friday. The company’s fifty day simple moving average is $127.77 and its two-hundred day simple moving average is $127.57. iShares Russell Mid-Cap Growth ETF has a 12-month low of $99.85 and a 12-month high of $139.68. The firm has a market cap of $18.61 billion, a PE ratio of 26.67 and a beta of 1.14.

About iShares Russell Mid-Cap Growth ETF

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).