Wellington Management Group LLP Acquires Shares of 370,317 iShares Russell Mid-Cap Growth ETF $IWP

Wellington Management Group LLP bought a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 370,317 shares of the company’s stock, valued at approximately $54,218,000. Wellington Management Group LLP owned approximately 0.26% of iShares Russell Mid-Cap Growth ETF as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of IWP. Revolve Wealth Partners LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 2.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock valued at $934,000 after purchasing an additional 182 shares during the last quarter. AQR Capital Management LLC increased its position in iShares Russell Mid-Cap Growth ETF by 59.9% in the 1st quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock worth $337,000 after purchasing an additional 1,074 shares during the last quarter. First Trust Advisors LP acquired a new position in iShares Russell Mid-Cap Growth ETF in the 2nd quarter worth about $257,000. Qube Research & Technologies Ltd raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 22.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock worth $16,092,000 after purchasing 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% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock worth $6,960,000 after purchasing an additional 7,376 shares in the last quarter. 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 $139.81 on Friday. The firm has a market cap of $20.13 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $148.29. The stock has a 50-day simple moving average of $141.54 and a 200-day simple moving average of $137.83.

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.