IFP Advisors Inc Boosts Stock Position in iShares Russell Mid-Cap Growth ETF $IWP

IFP Advisors Inc raised its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 11.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,152 shares of the company’s stock after buying an additional 9,016 shares during the period. IFP Advisors Inc owned about 0.06% of iShares Russell Mid-Cap Growth ETF worth $12,906,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. CNB Bank increased 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 valued at $26,000 after acquiring an additional 158 shares during the last quarter. McIlrath & Eck LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the first quarter worth approximately $26,000. Hilton Head Capital Partners LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth approximately $27,000. Beaird Harris Wealth Management LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 125.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares in the last quarter. Finally, Sfam LLC acquired a new position in iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $28,000. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Down 0.2%

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $139.44 on Wednesday. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $148.29. The firm’s 50 day moving average is $141.27 and its two-hundred day moving average is $137.93. The firm has a market capitalization of $20.07 billion, a P/E 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.