TBH Global Asset Management LLC Makes New Investment in iShares Russell Mid-Cap Growth ETF $IWP

TBH Global Asset Management LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 13,425 shares of the company’s stock, valued at approximately $1,912,000.

Other large investors have also modified their holdings of the company. Financial Gravity Companies Inc. bought a new position in iShares Russell Mid-Cap Growth ETF in the second quarter worth $28,000. Abound Wealth Management lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 223.2% during the 3rd quarter. Abound Wealth Management now owns 223 shares of the company’s stock worth $32,000 after acquiring an additional 154 shares during the period. Ryan Investment Management Inc. bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter worth about $36,000. Berkshire Money Management Inc. acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at about $45,000. Finally, WFA of San Diego LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at about $47,000. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Down 0.4%

NYSEARCA IWP opened at $138.51 on Wednesday. The stock has a market cap of $20.24 billion, a P/E ratio of 30.48 and a beta of 1.15. The company’s 50-day simple moving average is $138.93 and its 200 day simple moving average is $140.20. iShares Russell Mid-Cap Growth ETF has a twelve month low of $99.85 and a twelve month high of $145.60.

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.