RVW Wealth LLC Purchases New Position in iShares Russell Mid-Cap Growth ETF $IWP

RVW Wealth LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 4th quarter, Holdings Channel.com reports. The firm purchased 5,867 shares of the company’s stock, valued at approximately $803,000.

A number of other large investors have also added to or reduced their stakes in the company. First Command Advisory Services Inc. raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 80,392.3% during the 3rd quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock worth $506,202,000 after acquiring an additional 3,550,122 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 171.1% in the third quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock valued at $768,640,000 after purchasing an additional 3,406,598 shares in the last quarter. CIBC Bancorp USA Inc. purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the third quarter valued at $91,697,000. Jones Financial Companies Lllp increased its position in iShares Russell Mid-Cap Growth ETF by 6.6% in the third quarter. Jones Financial Companies Lllp now owns 5,577,746 shares of the company’s stock worth $794,992,000 after purchasing an additional 345,906 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in iShares Russell Mid-Cap Growth ETF by 102.1% in the third quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock worth $71,347,000 after purchasing an additional 253,151 shares during the last quarter. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Up 1.5%

iShares Russell Mid-Cap Growth ETF stock opened at $130.02 on Tuesday. iShares Russell Mid-Cap Growth ETF has a 52-week low of $99.85 and a 52-week high of $145.60. The firm’s fifty day moving average is $135.65 and its 200 day moving average is $138.80. The company has a market cap of $19.07 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15.

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.