Cornerstone Planning Group LLC Increases Stake in iShares Russell Mid-Cap Growth ETF $IWP

Cornerstone Planning Group LLC grew its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1,436.4% during the 1st quarter, Holdings Channel reports. The fund owned 5,485 shares of the company’s stock after buying an additional 5,128 shares during the period. Cornerstone Planning Group LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $754,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Gryphon Financial Partners LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 9.9% during the first quarter. Gryphon Financial Partners LLC now owns 7,509 shares of the company’s stock valued at $962,000 after purchasing an additional 677 shares in the last quarter. Assetmark Inc. raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 43.7% in the first quarter. Assetmark Inc. now owns 11,808 shares of the company’s stock worth $1,513,000 after buying an additional 3,593 shares during the period. One Day In July LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.9% in the first quarter. One Day In July LLC now owns 10,842 shares of the company’s stock worth $1,389,000 after buying an additional 197 shares during the period. Independent Financial Group LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the first quarter worth about $1,389,000. Finally, Prosperity Consulting Group LLC lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 5.7% during the 1st quarter. Prosperity Consulting Group LLC now owns 80,728 shares of the company’s stock valued at $10,343,000 after buying an additional 4,332 shares in the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Down 0.6%

IWP stock opened at $137.59 on Friday. The business’s 50-day moving average price is $140.70 and its 200-day moving average price is $137.13. The stock has a market cap of $20.16 billion, a P/E ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $146.64.

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.