International Assets Investment Management LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 3,277.1% in the third quarter, HoldingsChannel.com reports. The firm owned 90,000 shares of the company’s stock after buying an additional 87,335 shares during the quarter. International Assets Investment Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $12,391,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Orin Green Financial LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 0.9% in the first quarter. Orin Green Financial LLC now owns 8,767 shares of the company’s stock valued at $1,123,000 after purchasing an additional 80 shares during the last quarter. Bedel Financial Consulting Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 1.2% during the second quarter. Bedel Financial Consulting Inc. now owns 7,276 shares of the company’s stock worth $1,065,000 after purchasing an additional 87 shares in the last quarter. BlueChip Wealth Advisors LLC lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 2.4% during the 1st quarter. BlueChip Wealth Advisors LLC now owns 3,812 shares of the company’s stock worth $488,000 after buying an additional 88 shares during the last quarter. LifePlan Investment Advisors Inc. lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 2.9% during the 2nd quarter. LifePlan Investment Advisors Inc. now owns 3,086 shares of the company’s stock worth $452,000 after buying an additional 88 shares during the last quarter. Finally, Annex Advisory Services LLC lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 1.4% during the 2nd quarter. Annex Advisory Services LLC now owns 6,696 shares of the company’s stock worth $980,000 after buying an additional 91 shares during the last quarter. 74.49% of the stock is owned by institutional investors and hedge funds.
iShares Russell Mid-Cap Growth ETF Trading Down 3.5%
Shares of iShares Russell Mid-Cap Growth ETF stock opened at $131.64 on Friday. The company has a fifty day simple moving average of $138.46 and a 200-day simple moving average of $137.80. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $148.29. The stock has a market cap of $18.52 billion, a price-to-earnings 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.
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