Legacy Edge Advisors LLC Takes $10.71 Million Position in iShares Russell Mid-Cap Growth ETF $IWP

Legacy Edge Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 78,188 shares of the company’s stock, valued at approximately $10,707,000. iShares Russell Mid-Cap Growth ETF comprises about 1.2% of Legacy Edge Advisors LLC’s investment portfolio, making the stock its 26th biggest position. Legacy Edge Advisors LLC owned approximately 0.05% of iShares Russell Mid-Cap Growth ETF at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. LMG Wealth Partners LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 0.7% during the 4th quarter. LMG Wealth Partners LLC now owns 99,396 shares of the company’s stock valued at $13,611,000 after purchasing an additional 701 shares during the last quarter. Cornerstone Planning Group LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 187.9% during the 4th quarter. Cornerstone Planning Group LLC now owns 357 shares of the company’s stock valued at $50,000 after purchasing an additional 233 shares during the last quarter. Capital Investment Counsel LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 6.2% during the 4th quarter. Capital Investment Counsel LLC now owns 23,503 shares of the company’s stock valued at $3,219,000 after purchasing an additional 1,376 shares during the last quarter. Horizon Investments LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 214.0% during the 4th quarter. Horizon Investments LLC now owns 1,143 shares of the company’s stock valued at $157,000 after purchasing an additional 779 shares during the last quarter. Finally, One Wealth Advisors LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at $254,000. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $136.16 on Friday. The business has a fifty day simple moving average of $132.86 and a two-hundred day simple moving average of $136.68. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.13 and a 1 year high of $145.60. The company has a market capitalization of $19.56 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13.

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.