Kestra Advisory Services LLC Increases Position in iShares Russell Mid-Cap Growth ETF $IWP

Kestra Advisory Services LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.3% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 197,442 shares of the company’s stock after purchasing an additional 8,181 shares during the period. Kestra Advisory Services LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $25,296,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in IWP. Concurrent Investment Advisors LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 29.8% during the 4th quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock valued at $2,246,000 after buying an additional 3,769 shares during the period. AE Wealth Management LLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 6.7% in the fourth quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock worth $13,039,000 after buying an additional 5,971 shares during the last quarter. Johnson Financial Group Inc. boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 29.7% in the third quarter. Johnson Financial Group Inc. now owns 46,403 shares of the company’s stock worth $6,608,000 after buying an additional 10,615 shares during the last quarter. BCS Wealth Management bought a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at approximately $2,216,000. Finally, Krilogy Financial LLC grew its position in iShares Russell Mid-Cap Growth ETF by 5.7% during the fourth quarter. Krilogy Financial LLC now owns 282,178 shares of the company’s stock valued at $39,401,000 after buying an additional 15,331 shares during the period. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Down 0.9%

IWP stock traded down $1.36 during midday trading on Friday, reaching $142.55. 1,183,172 shares of the company’s stock traded hands, compared to its average volume of 934,354. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $146.64. The stock has a market cap of $20.88 billion, a P/E ratio of 30.48 and a beta of 1.12. The stock’s 50-day moving average is $140.50 and its 200 day moving average is $137.13.

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.