Chicago Partners Investment Group LLC Raises Stock Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Chicago Partners Investment Group LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 16.8% during the first quarter, Holdings Channel reports. The firm owned 12,371 shares of the company’s stock after purchasing an additional 1,782 shares during the quarter. Chicago Partners Investment Group LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,539,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Bank of America Corp DE increased its stake in iShares Russell Mid-Cap Growth ETF by 2.2% during the fourth quarter. Bank of America Corp DE now owns 7,281,997 shares of the company’s stock worth $922,993,000 after purchasing an additional 154,005 shares during the period. Commonwealth Equity Services LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 0.7% during the first quarter. Commonwealth Equity Services LLC now owns 2,497,849 shares of the company’s stock worth $293,472,000 after purchasing an additional 16,694 shares during the period. LPL Financial LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 6.7% during the first quarter. LPL Financial LLC now owns 2,298,746 shares of the company’s stock worth $269,980,000 after buying an additional 144,339 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 19.0% during the first quarter. Envestnet Asset Management Inc. now owns 1,929,629 shares of the company’s stock worth $226,712,000 after buying an additional 308,531 shares during the period. Finally, US Bancorp DE increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 5.1% during the first quarter. US Bancorp DE now owns 1,561,171 shares of the company’s stock worth $183,422,000 after buying an additional 75,807 shares during the period. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

IWP stock opened at $138.63 on Friday. The company’s 50 day moving average price is $138.09 and its 200 day moving average price is $129.63. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $143.83. The firm has a market capitalization of $19.32 billion, a price-to-earnings ratio of 30.48 and a beta of 1.10.

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).