Meridian Wealth Management LLC Acquires 4,266 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Meridian Wealth Management LLC increased its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 12.9% in the second quarter, HoldingsChannel reports. The firm owned 37,345 shares of the company’s stock after purchasing an additional 4,266 shares during the period. Meridian Wealth Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $5,179,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Revolve Wealth Partners LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock valued at $934,000 after acquiring an additional 182 shares during the last quarter. Principal Financial Group Inc. grew its holdings in iShares Russell Mid-Cap Growth ETF by 142.3% during the first quarter. Principal Financial Group Inc. now owns 6,300 shares of the company’s stock valued at $740,000 after purchasing an additional 3,700 shares during the last quarter. Wealthfront Advisers LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 5.2% in the first quarter. Wealthfront Advisers LLC now owns 15,609 shares of the company’s stock valued at $1,834,000 after purchasing an additional 773 shares during the period. Verdence Capital Advisors LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 9.3% in the first quarter. Verdence Capital Advisors LLC now owns 2,586 shares of the company’s stock worth $304,000 after buying an additional 219 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 1st quarter worth $96,000. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP opened at $136.84 on Friday. The company has a market capitalization of $20.00 billion, a PE ratio of 30.48 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a one year low of $99.85 and a one year high of $145.60. The company’s fifty day moving average price is $142.35 and its 200 day moving average price is $138.53.

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).