Kestra Advisory Services LLC Buys 8,181 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Kestra Advisory Services LLC lifted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 197,442 shares of the company’s stock after purchasing an additional 8,181 shares during the period. Kestra Advisory Services LLC owned 0.14% of iShares Russell Mid-Cap Growth ETF worth $25,296,000 as of its most recent SEC filing.

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

iShares Russell Mid-Cap Growth ETF Price Performance

IWP stock traded down $1.36 during midday trading on Friday, hitting $142.55. The stock had a trading volume of 1,183,172 shares, compared to its average volume of 934,354. The business has a 50-day moving average of $140.50 and a two-hundred day moving average of $137.13. The firm has a market cap of $20.88 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 $146.64.

iShares Russell Mid-Cap Growth ETF Company 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.