Veridan Wealth LLC Takes $2.69 Million Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Veridan Wealth LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 20,036 shares of the company’s stock, valued at approximately $2,689,000. iShares Russell Mid-Cap Growth ETF accounts for about 1.3% of Veridan Wealth LLC’s investment portfolio, making the stock its 26th biggest position.

Other institutional investors have also added to or reduced their stakes in the company. Ameliora Wealth Management Ltd. bought a new position in iShares Russell Mid-Cap Growth ETF during the 4th quarter worth $25,000. BankPlus Trust Department bought a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $26,000. PrairieView Partners LLC increased its position in iShares Russell Mid-Cap Growth ETF by 80.0% during the fourth quarter. PrairieView Partners LLC now owns 225 shares of the company’s stock worth $28,000 after acquiring an additional 100 shares during the period. Insight Inv LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF in the 4th quarter worth about $38,000. Finally, Ashton Thomas Securities LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 251.1% in the 3rd quarter. Ashton Thomas Securities LLC now owns 330 shares of the company’s stock valued at $39,000 after purchasing an additional 236 shares during the period.

iShares Russell Mid-Cap Growth ETF Stock Down 2.2 %

Shares of NYSEARCA:IWP opened at $125.42 on Friday. iShares Russell Mid-Cap Growth ETF has a 12-month low of $101.12 and a 12-month high of $139.68. The company’s 50 day moving average price is $132.42 and its two-hundred day moving average price is $125.45. The firm has a market cap of $17.33 billion, a PE ratio of 35.02 and a beta of 1.14.

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).