TD Waterhouse Canada Inc. Acquires 10,350 Shares of iShares Russell Mid-Cap Growth ETF $IWP

TD Waterhouse Canada Inc. bought a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the third quarter, Holdings Channel reports. The firm bought 10,350 shares of the company’s stock, valued at approximately $1,446,000.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its stake in iShares Russell Mid-Cap Growth ETF by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock valued at $858,908,000 after acquiring an additional 93,924 shares during the period. Cassaday & Co Wealth Management LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 1.9% during the first quarter. Cassaday & Co Wealth Management LLC now owns 2,184,734 shares of the company’s stock valued at $279,908,000 after purchasing an additional 41,659 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in iShares Russell Mid-Cap Growth ETF by 5.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,486,576 shares of the company’s stock valued at $217,650,000 after purchasing an additional 71,020 shares during the last quarter. Stephens Group Asset Management LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 12.6% during the third quarter. Stephens Group Asset Management LLC now owns 633,950 shares of the company’s stock worth $87,282,000 after purchasing an additional 70,933 shares during the period. Finally, Fifth Third Bancorp boosted its position in iShares Russell Mid-Cap Growth ETF by 153.0% during the first quarter. Fifth Third Bancorp now owns 511,007 shares of the company’s stock worth $65,470,000 after purchasing an additional 309,058 shares during the period. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Up 0.9%

NYSEARCA IWP opened at $136.88 on Thursday. The firm has a market cap of $19.27 billion, a P/E ratio of 30.48 and a beta of 1.13. The company’s 50 day moving average is $139.89 and its 200-day moving average is $139.32. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $148.29.

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.