iShares Russell Mid-Cap Growth ETF $IWP Shares Purchased by Weinberger Asset Management Inc

Weinberger Asset Management Inc boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 13.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 43,606 shares of the company’s stock after purchasing an additional 5,318 shares during the period. iShares Russell Mid-Cap Growth ETF comprises 1.9% of Weinberger Asset Management Inc’s portfolio, making the stock its 7th biggest holding. Weinberger Asset Management Inc’s holdings in iShares Russell Mid-Cap Growth ETF were worth $5,976,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWP. Richards Merrill & Peterson Inc. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at approximately $25,000. CNB Bank raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 478.8% in the 4th quarter. CNB Bank now owns 191 shares of the company’s stock worth $26,000 after buying an additional 158 shares in the last quarter. McIlrath & Eck LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 1st quarter worth approximately $26,000. Hilton Head Capital Partners LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth approximately $27,000. Finally, Beaird Harris Wealth Management LLC lifted its position 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 period. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP stock opened at $147.25 on Friday. The stock’s fifty day simple moving average is $141.21 and its 200 day simple moving average is $137.22. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $147.72. The firm has a market cap of $21.20 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12.

About iShares Russell Mid-Cap Growth ETF

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.