Granite Bay Wealth Management LLC Buys Shares of 1,500 iShares Russell Mid-Cap Growth ETF $IWP

Granite Bay Wealth Management LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 1,500 shares of the company’s stock, valued at approximately $208,000.

Several other institutional investors and hedge funds have also modified their holdings of IWP. Jones Financial Companies Lllp grew its position in iShares Russell Mid-Cap Growth ETF by 7.1% in the first quarter. Jones Financial Companies Lllp now owns 4,861,523 shares of the company’s stock valued at $571,855,000 after acquiring an additional 323,885 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 0.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 2,497,849 shares of the company’s stock valued at $293,472,000 after purchasing an additional 16,694 shares in the last quarter. LPL Financial LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 6.7% during the 1st quarter. LPL Financial LLC now owns 2,298,746 shares of the company’s stock valued at $269,980,000 after purchasing an additional 144,339 shares during the last quarter. Envestnet Asset Management Inc. increased its position in iShares Russell Mid-Cap Growth ETF by 19.0% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,929,629 shares of the company’s stock worth $226,712,000 after purchasing an additional 308,531 shares in the last quarter. Finally, US Bancorp DE lifted its stake in iShares Russell Mid-Cap Growth ETF by 5.1% in the 1st quarter. US Bancorp DE now owns 1,561,171 shares of the company’s stock valued at $183,422,000 after purchasing an additional 75,807 shares during the last quarter. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $144.23 on Monday. The company’s 50 day moving average price is $140.97 and its two-hundred day moving average price is $130.76. The firm has a market capitalization of $20.62 billion, a P/E ratio of 30.48 and a beta of 1.10. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $145.50.

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).