Lido Advisors LLC Purchases 5,104 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Lido Advisors LLC lifted its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 2.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 214,572 shares of the company’s stock after purchasing an additional 5,104 shares during the period. Lido Advisors LLC owned about 0.15% of iShares Russell Mid-Cap Growth ETF worth $30,558,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Financial Gravity Companies Inc. purchased a new stake in iShares Russell Mid-Cap Growth ETF in the 2nd quarter worth $28,000. Beaird Harris Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 125.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after acquiring an additional 110 shares in the last quarter. Imprint Wealth LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the third quarter valued at about $29,000. Abound Wealth Management boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 223.2% in the third quarter. Abound Wealth Management now owns 223 shares of the company’s stock worth $32,000 after acquiring an additional 154 shares during the period. Finally, Clean Yield Group bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the third quarter worth about $33,000. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Up 1.3%

NYSEARCA:IWP opened at $131.37 on Tuesday. The stock has a 50-day moving average price of $136.70 and a 200 day moving average price of $139.22. The stock has a market capitalization of $19.27 billion, a P/E 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.

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). 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.