iShares Russell Mid-Cap Growth ETF $IWP Shares Bought by Parkway Wealth Management Group LLC

Parkway Wealth Management Group LLC grew its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 13.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 184,131 shares of the company’s stock after acquiring an additional 22,151 shares during the quarter. iShares Russell Mid-Cap Growth ETF accounts for 3.1% of Parkway Wealth Management Group LLC’s portfolio, making the stock its 10th largest holding. Parkway Wealth Management Group LLC owned approximately 0.13% of iShares Russell Mid-Cap Growth ETF worth $24,197,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Richards Merrill & Peterson Inc. acquired a new position in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at $25,000. CNB Bank increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 478.8% during the 4th quarter. CNB Bank now owns 191 shares of the company’s stock worth $26,000 after purchasing an additional 158 shares during the period. Hilton Head Capital Partners LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth about $27,000. Beaird Harris Wealth Management LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 125.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after buying an additional 110 shares during the last quarter. Finally, Sfam LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at about $28,000. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA IWP opened at $141.13 on Friday. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $145.60. The stock has a market cap of $20.27 billion, a PE ratio of 30.48 and a beta of 1.13. The firm has a 50-day simple moving average of $138.86 and a 200 day simple moving average of $136.75.

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.