Diversify Wealth Management LLC Purchases Shares of 4,221 iShares Russell Mid-Cap Growth ETF $IWP

Diversify Wealth Management LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 4,221 shares of the company’s stock, valued at approximately $563,000.

Several other institutional investors have also recently bought and sold shares of IWP. Wells Fargo & Company MN increased its holdings in iShares Russell Mid-Cap Growth ETF by 1.3% in the 4th quarter. Wells Fargo & Company MN now owns 5,299,199 shares of the company’s stock worth $725,672,000 after acquiring an additional 69,999 shares during the last quarter. First Command Advisory Services Inc. boosted its position in iShares Russell Mid-Cap Growth ETF by 8.0% during the 4th quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock valued at $525,778,000 after acquiring an additional 284,943 shares in the last quarter. LPL Financial LLC raised its holdings in iShares Russell Mid-Cap Growth ETF by 6.6% in the fourth quarter. LPL Financial LLC now owns 2,616,494 shares of the company’s stock worth $358,303,000 after purchasing an additional 161,336 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in iShares Russell Mid-Cap Growth ETF by 1.1% during the second quarter. Ameriprise Financial Inc. now owns 2,524,819 shares of the company’s stock worth $350,422,000 after acquiring an additional 26,620 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 0.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,457,673 shares of the company’s stock worth $336,554,000 after purchasing an additional 12,105 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Down 0.6%

Shares of IWP opened at $137.59 on Friday. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $146.64. The company has a market capitalization of $20.16 billion, a P/E ratio of 30.48 and a beta of 1.12. The firm has a 50 day moving average of $140.70 and a 200 day moving average of $137.13.

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.