Global Retirement Partners LLC Buys New Position in iShares Russell Mid-Cap Growth ETF $IWP

Global Retirement Partners LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 23,444 shares of the company’s stock, valued at approximately $3,432,000.

Several other institutional investors have also added to or reduced their stakes in IWP. AE Wealth Management LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 6.7% in the fourth quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock worth $13,039,000 after purchasing an additional 5,971 shares during the period. Concurrent Investment Advisors LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 29.8% during the 4th quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock valued at $2,246,000 after purchasing an additional 3,769 shares during the period. Krilogy Financial LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 5.7% during the 4th quarter. Krilogy Financial LLC now owns 282,178 shares of the company’s stock valued at $39,401,000 after buying an additional 15,331 shares in the last quarter. Rossmore Private Capital lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 126.8% during the 4th quarter. Rossmore Private Capital now owns 12,312 shares of the company’s stock valued at $1,686,000 after buying an additional 6,884 shares in the last quarter. Finally, Financial Advisory Corp boosted its holdings in iShares Russell Mid-Cap Growth ETF by 1.5% in the 4th quarter. Financial Advisory Corp now owns 752,605 shares of the company’s stock worth $103,062,000 after buying an additional 11,167 shares during the period. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP stock opened at $147.25 on Monday. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $147.72. The firm has a market capitalization of $21.20 billion, a PE ratio of 30.48 and a beta of 1.12. The stock has a fifty day simple moving average of $141.21 and a two-hundred day simple moving average of $137.21.

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.