Sentinel Advisory Group LLC Makes New $10.40 Million Investment in iShares Russell Mid-Cap Growth ETF $IWP

Sentinel Advisory Group LLC bought a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 75,553 shares of the company’s stock, valued at approximately $10,402,000. iShares Russell Mid-Cap Growth ETF makes up approximately 4.3% of Sentinel Advisory Group LLC’s investment portfolio, making the stock its 8th biggest position. Sentinel Advisory Group LLC owned about 0.05% of iShares Russell Mid-Cap Growth ETF at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Envestnet Asset Management Inc. lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 1.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock valued at $858,908,000 after acquiring an additional 93,924 shares during the period. Cassaday & Co Wealth Management LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 1.9% in the first quarter. Cassaday & Co Wealth Management LLC now owns 2,184,734 shares of the company’s stock valued at $279,908,000 after purchasing an additional 41,659 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings 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 valued at $217,650,000 after purchasing an additional 71,020 shares during the period. Stephens Group Asset Management LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 12.6% during the third quarter. Stephens Group Asset Management LLC now owns 633,950 shares of the company’s stock valued at $87,282,000 after purchasing an additional 70,933 shares during the period. Finally, Fifth Third Bancorp raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 153.0% during the first quarter. Fifth Third Bancorp now owns 511,007 shares of the company’s stock valued at $65,470,000 after purchasing an additional 309,058 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

IWP stock opened at $135.67 on Wednesday. The stock has a market capitalization of $19.10 billion, a PE ratio of 30.48 and a beta of 1.13. The company’s 50-day moving average is $140.08 and its 200-day moving average is $139.26. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year high of $148.29.

iShares Russell Mid-Cap Growth ETF 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.