Focus Partners Wealth raised its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 32.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 571,828 shares of the company’s stock after purchasing an additional 140,490 shares during the quarter. Focus Partners Wealth’s holdings in iShares Russell Mid-Cap Growth ETF were worth $81,433,000 at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. First Command Advisory Services Inc. raised its position in shares of iShares Russell Mid-Cap Growth ETF by 80,392.3% in the 3rd quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock worth $506,202,000 after buying an additional 3,550,122 shares during the period. Envestnet Asset Management Inc. boosted its holdings in iShares Russell Mid-Cap Growth ETF by 171.1% in the third quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock valued at $768,640,000 after acquiring an additional 3,406,598 shares during the last quarter. Jones Financial Companies Lllp grew its position in iShares Russell Mid-Cap Growth ETF by 6.6% during the third quarter. Jones Financial Companies Lllp now owns 5,577,746 shares of the company’s stock valued at $794,992,000 after acquiring an additional 345,906 shares during the period. BNP Paribas Financial Markets grew its position in iShares Russell Mid-Cap Growth ETF by 102.1% during the third quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock valued at $71,347,000 after acquiring an additional 253,151 shares during the period. Finally, Cullen Frost Bankers Inc. increased its stake in iShares Russell Mid-Cap Growth ETF by 25.0% during the third quarter. Cullen Frost Bankers Inc. now owns 1,194,862 shares of the company’s stock worth $170,160,000 after acquiring an additional 238,826 shares during the last quarter. 74.49% of the stock is owned by hedge funds and other institutional investors.
iShares Russell Mid-Cap Growth ETF Price Performance
iShares Russell Mid-Cap Growth ETF stock opened at $131.37 on Tuesday. The company has a market cap of $19.27 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 12 month low of $99.85 and a 12 month high of $145.60. The stock’s 50-day moving average is $136.70 and its 200-day moving average is $139.22.
iShares Russell Mid-Cap Growth ETF Company 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.
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