Decker Wealth Management LLC Buys 5,452 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Decker Wealth Management LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 3rd quarter, HoldingsChannel reports. The firm purchased 5,452 shares of the company’s stock, valued at approximately $751,000.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock valued at $858,908,000 after buying an additional 93,924 shares during the period. Cassaday & Co Wealth Management LLC grew its position in shares of iShares Russell Mid-Cap Growth ETF by 1.9% during the first quarter. Cassaday & Co Wealth Management LLC now owns 2,184,734 shares of the company’s stock worth $279,908,000 after buying an additional 41,659 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 5.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,486,576 shares of the company’s stock worth $217,650,000 after buying an additional 71,020 shares during the period. Mariner LLC raised its holdings in iShares Russell Mid-Cap Growth ETF by 7.7% in the fourth quarter. Mariner LLC now owns 666,081 shares of the company’s stock valued at $91,213,000 after acquiring an additional 47,836 shares in the last quarter. Finally, Focus Partners Wealth raised its holdings in iShares Russell Mid-Cap Growth ETF by 14.0% in the fourth quarter. Focus Partners Wealth now owns 652,159 shares of the company’s stock valued at $89,340,000 after acquiring an additional 80,331 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Up 1.6%

iShares Russell Mid-Cap Growth ETF stock traded up $2.20 during trading on Friday, reaching $143.10. The stock had a trading volume of 435,893 shares, compared to its average volume of 877,200. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $148.29. The business has a 50 day moving average price of $140.74 and a 200 day moving average price of $138.70. The stock has a market cap of $20.11 billion, a PE ratio of 30.48 and a beta of 1.13.

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.