370,317 Shares in iShares Russell Mid-Cap Growth ETF $IWP Bought by Wellington Management Group LLP

Wellington Management Group LLP bought a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 2nd quarter, Holdings Channel.com reports. The firm bought 370,317 shares of the company’s stock, valued at approximately $54,218,000.

Several other institutional investors also recently bought and sold shares of the stock. Revolve Wealth Partners LLC boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after acquiring an additional 182 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 59.9% during the 1st quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock valued at $337,000 after acquiring an additional 1,074 shares during the last quarter. First Trust Advisors LP bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the 2nd quarter valued at approximately $257,000. Qube Research & Technologies Ltd raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 22.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock valued at $16,092,000 after acquiring an additional 21,353 shares in the last quarter. Finally, Peapack Gladstone Financial Corp raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 17.2% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock valued at $6,960,000 after acquiring an additional 7,376 shares in the last quarter. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

IWP opened at $139.81 on Friday. The firm has a market cap of $20.13 billion, a P/E ratio of 30.48 and a beta of 1.12. The business has a 50 day moving average price of $141.54 and a 200 day moving average price of $137.83. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $148.29.

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.