Jacobs Equity LLC Takes Position in iShares Russell Mid-Cap Growth ETF $IWP

Jacobs Equity LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,713 shares of the company’s stock, valued at approximately $1,056,000. iShares Russell Mid-Cap Growth ETF comprises about 1.0% of Jacobs Equity LLC’s holdings, making the stock its 28th largest holding.

Several other large investors also recently bought and sold shares of IWP. Wells Fargo & Company MN raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.3% during the fourth quarter. Wells Fargo & Company MN now owns 5,299,199 shares of the company’s stock valued at $725,672,000 after purchasing an additional 69,999 shares during the last quarter. First Command Advisory Services Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 8.0% in the 4th quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock worth $525,778,000 after purchasing an additional 284,943 shares during the period. LPL Financial LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 6.6% during the 4th quarter. LPL Financial LLC now owns 2,616,494 shares of the company’s stock valued at $358,303,000 after buying an additional 161,336 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,551,080 shares of the company’s stock valued at $363,274,000 after buying an additional 26,261 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 0.5% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,457,673 shares of the company’s stock valued at $336,554,000 after buying an additional 12,105 shares during the period. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP opened at $141.95 on Friday. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $145.60. The firm has a market capitalization of $20.39 billion, a P/E ratio of 30.48 and a beta of 1.13. The business has a fifty day moving average of $137.98 and a 200 day moving average of $136.65.

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). 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.