Kingdom Financial Group LLC. Grows Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Kingdom Financial Group LLC. grew its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 159.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,307 shares of the company’s stock after purchasing an additional 13,704 shares during the quarter. iShares Russell Mid-Cap Growth ETF comprises approximately 0.9% of Kingdom Financial Group LLC.’s portfolio, making the stock its 14th largest holding. Kingdom Financial Group LLC.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $3,055,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Richards Merrill & Peterson Inc. purchased a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter worth approximately $25,000. Beaird Harris Wealth Management LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 125.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after buying an additional 110 shares during the last quarter. Imprint Wealth LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $29,000. Laurel Wealth Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth approximately $30,000. Finally, Measured Wealth Private Client Group LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $39,000. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA IWP opened at $137.82 on Friday. The company has a 50 day simple moving average of $133.28 and a 200-day simple moving average of $136.13. The company has a market capitalization of $19.80 billion, a P/E ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year 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.