Jacobs Equity LLC Takes $1.06 Million Position in iShares Russell Mid-Cap Growth ETF $IWP

Jacobs Equity LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,713 shares of the company’s stock, valued at approximately $1,056,000. iShares Russell Mid-Cap Growth ETF makes up approximately 1.0% of Jacobs Equity LLC’s holdings, making the stock its 28th biggest position.

Several other hedge funds also recently bought and sold shares of IWP. Wells Fargo & Company MN increased its stake 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 buying an additional 69,999 shares in the last quarter. First Command Advisory Services Inc. lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 8.0% in the fourth 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 lifted its position in shares of 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 valued at $358,303,000 after acquiring an additional 161,336 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 1.0% in the third quarter. Ameriprise Financial Inc. now owns 2,551,080 shares of the company’s stock valued at $363,274,000 after acquiring an additional 26,261 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 0.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 2,457,673 shares of the company’s stock worth $336,554,000 after acquiring an additional 12,105 shares during the period. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Up 1.0%

NYSEARCA:IWP opened at $141.95 on Friday. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $145.60. The stock has a 50-day moving average price of $137.98 and a 200 day moving average price of $136.65. The stock has a market capitalization of $20.39 billion, a P/E ratio of 30.48 and a beta of 1.13.

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.