IHT Wealth Management LLC Increases Stock Position in iShares Russell Mid-Cap Growth ETF $IWP

IHT Wealth Management LLC boosted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 100.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 66,259 shares of the company’s stock after acquiring an additional 33,125 shares during the period. IHT Wealth Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $9,074,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IWP. CIBC Private Wealth Group LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 103.9% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,309,901 shares of the company’s stock valued at $179,378,000 after acquiring an additional 667,479 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new stake in iShares Russell Mid-Cap Growth ETF in the third quarter valued at $91,697,000. First Command Advisory Services Inc. lifted its position in iShares Russell Mid-Cap Growth ETF by 8.0% in the fourth quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock valued at $525,778,000 after acquiring an additional 284,943 shares during the last quarter. Align Financial LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at $38,443,000. Finally, BNP Paribas Financial Markets lifted 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 valued at $71,347,000 after acquiring an additional 253,151 shares during the last quarter. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP opened at $140.61 on Thursday. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $145.60. The stock has a market cap of $20.20 billion, a PE ratio of 30.48 and a beta of 1.13. The firm has a fifty day moving average price of $137.72 and a 200 day moving average price of $136.63.

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.