iShares Russell Mid-Cap Growth ETF $IWP Shares Acquired by IFP Advisors Inc

IFP Advisors Inc increased its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 11.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 88,152 shares of the company’s stock after purchasing an additional 9,016 shares during the period. IFP Advisors Inc’s holdings in iShares Russell Mid-Cap Growth ETF were worth $12,906,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Baird Financial Group Inc. boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.8% in the second quarter. Baird Financial Group Inc. now owns 249,376 shares of the company’s stock valued at $36,511,000 after acquiring an additional 4,437 shares during the period. New England Professional Planning Group Inc. increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 35.5% in the 2nd quarter. New England Professional Planning Group Inc. now owns 2,410 shares of the company’s stock valued at $353,000 after acquiring an additional 632 shares during the period. Cornerstone Financial Management LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 3.2% in the 2nd quarter. Cornerstone Financial Management LLC now owns 11,444 shares of the company’s stock valued at $1,676,000 after acquiring an additional 358 shares during the period. Corient Private Wealth LP raised its position in iShares Russell Mid-Cap Growth ETF by 17.3% in the 2nd quarter. Corient Private Wealth LP now owns 163,106 shares of the company’s stock valued at $23,881,000 after purchasing an additional 24,099 shares during the last quarter. Finally, HighTower Advisors LLC raised its position in iShares Russell Mid-Cap Growth ETF by 1.1% in the 2nd quarter. HighTower Advisors LLC now owns 245,402 shares of the company’s stock valued at $35,929,000 after purchasing an additional 2,725 shares during the last quarter. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA:IWP opened at $139.44 on Wednesday. The stock has a market cap of $20.07 billion, a P/E ratio of 30.48 and a beta of 1.12. The firm has a fifty day moving average price of $141.27 and a 200 day moving average price of $137.93. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $148.29.

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.