Focus Partners Advisor Solutions LLC Purchases 3,861 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Focus Partners Advisor Solutions LLC increased its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 7.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,817 shares of the company’s stock after purchasing an additional 3,861 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $7,659,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. Arcadia Investment Management Corp MI grew its stake in iShares Russell Mid-Cap Growth ETF by 0.9% during the second quarter. Arcadia Investment Management Corp MI now owns 8,425 shares of the company’s stock worth $1,168,000 after buying an additional 75 shares during the last quarter. PFG Investments LLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.8% in the 3rd quarter. PFG Investments LLC now owns 2,914 shares of the company’s stock worth $415,000 after acquiring an additional 80 shares in the last quarter. Breakwater Capital Group boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 3.6% in the 3rd quarter. Breakwater Capital Group now owns 2,375 shares of the company’s stock worth $338,000 after acquiring an additional 82 shares in the last quarter. BCGM Wealth Management LLC grew its position in iShares Russell Mid-Cap Growth ETF by 3.2% during the 3rd quarter. BCGM Wealth Management LLC now owns 2,684 shares of the company’s stock worth $382,000 after acquiring an additional 84 shares during the last quarter. Finally, Bedel Financial Consulting Inc. increased its holdings in iShares Russell Mid-Cap Growth ETF by 1.2% during the 3rd quarter. Bedel Financial Consulting Inc. now owns 7,283 shares of the company’s stock valued at $1,037,000 after purchasing an additional 86 shares in the last quarter. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $135.50 on Wednesday. The company has a market cap of $19.88 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15. The stock has a fifty day moving average price of $137.71 and a two-hundred day moving average price of $139.73. iShares Russell Mid-Cap Growth ETF has a 52-week low of $99.85 and a 52-week high of $145.60.

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.