Apollon Wealth Management LLC Increases Stock Position in iShares Russell Mid-Cap Growth ETF $IWP

Apollon Wealth Management LLC raised its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 2.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,010 shares of the company’s stock after purchasing an additional 280 shares during the period. Apollon Wealth Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,666,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Capital Investment Advisory Services LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 69.6% in the first quarter. Capital Investment Advisory Services LLC now owns 229 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares in the last quarter. Federated Hermes Inc. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the first quarter valued at about $29,000. Ryan Investment Management Inc. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the second quarter valued at about $36,000. CX Institutional purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the first quarter valued at approximately $37,000. Finally, Millstone Evans Group LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 436.6% during the first quarter. Millstone Evans Group LLC now owns 381 shares of the company’s stock valued at $45,000 after buying an additional 310 shares during the period. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $142.16 on Tuesday. The company has a market capitalization of $20.77 billion, a price-to-earnings ratio of 30.48 and a beta of 1.10. The company’s 50 day simple moving average is $142.24 and its 200 day simple moving average is $134.05. iShares Russell Mid-Cap Growth ETF has a 1 year low of $99.85 and a 1 year high of $145.50.

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).