RVW Wealth LLC purchased a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 5,867 shares of the company’s stock, valued at approximately $803,000.
A number of other institutional investors have also added to or reduced their stakes in the stock. Congress Asset Management Co. grew its holdings in iShares Russell Mid-Cap Growth ETF by 118.3% during the 4th quarter. Congress Asset Management Co. now owns 458,580 shares of the company’s stock valued at $62,798,000 after buying an additional 248,474 shares in the last quarter. Park Place Capital Corp lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 35.2% in the fourth quarter. Park Place Capital Corp now owns 4,572 shares of the company’s stock worth $626,000 after buying an additional 1,191 shares in the last quarter. Breakwater Capital Group lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 5.7% in the fourth quarter. Breakwater Capital Group now owns 2,510 shares of the company’s stock worth $344,000 after buying an additional 135 shares in the last quarter. Post Resch Tallon Group Inc. boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 2.5% during the fourth quarter. Post Resch Tallon Group Inc. now owns 16,989 shares of the company’s stock worth $2,326,000 after acquiring an additional 414 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 2.6% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 10,575 shares of the company’s stock worth $1,448,000 after acquiring an additional 269 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 Stock Performance
IWP opened at $130.02 on Tuesday. The stock has a market capitalization of $19.07 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15. The company has a fifty day moving average of $135.65 and a 200 day moving average of $138.80. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week 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.
Further Reading
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