Stonebridge Financial Planning Group LLC Takes $590,000 Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Stonebridge Financial Planning Group LLC purchased a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the fourth quarter, Holdings Channel reports. The firm purchased 5,652 shares of the company’s stock, valued at approximately $590,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWP. TIAA Trust National Association bought a new position in iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at about $1,012,701,000. Envestnet Portfolio Solutions Inc. bought a new position in iShares Russell Mid-Cap Growth ETF in the third quarter valued at approximately $106,831,000. Wellington Management Group LLP raised its position in iShares Russell Mid-Cap Growth ETF by 509.1% during the third quarter. Wellington Management Group LLP now owns 1,010,892 shares of the company’s stock valued at $92,345,000 after purchasing an additional 844,932 shares in the last quarter. Pathstone Family Office LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 665.8% during the third quarter. Pathstone Family Office LLC now owns 611,166 shares of the company’s stock worth $55,830,000 after purchasing an additional 531,356 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 727.5% in the 3rd quarter. Corient Private Wealth LLC now owns 401,725 shares of the company’s stock valued at $36,698,000 after purchasing an additional 353,177 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA:IWP traded down $2.03 during trading hours on Tuesday, hitting $107.44. The company’s stock had a trading volume of 497,292 shares, compared to its average volume of 811,212. The company has a market capitalization of $14.55 billion, a P/E ratio of 29.10 and a beta of 1.14. iShares Russell Mid-Cap Growth ETF has a twelve month low of $85.24 and a twelve month high of $114.60. The stock has a fifty day simple moving average of $111.04 and a 200-day simple moving average of $103.43.

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).