USAdvisors Wealth Management LLC Purchases 5,965 Shares of iShares Russell Mid-Cap Growth ETF $IWP

USAdvisors Wealth Management LLC increased its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 8.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,573 shares of the company’s stock after purchasing an additional 5,965 shares during the quarter. iShares Russell Mid-Cap Growth ETF makes up 2.9% of USAdvisors Wealth Management LLC’s portfolio, making the stock its 7th biggest position. USAdvisors Wealth Management LLC owned 0.05% of iShares Russell Mid-Cap Growth ETF worth $10,129,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Krilogy Financial LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 8.6% in the 1st quarter. Krilogy Financial LLC now owns 306,523 shares of the company’s stock valued at $41,402,000 after acquiring an additional 24,345 shares during the period. Bryn Mawr Trust Advisors LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 190.4% during the 1st quarter. Bryn Mawr Trust Advisors LLC now owns 14,812 shares of the company’s stock worth $1,898,000 after acquiring an additional 9,712 shares during the last quarter. Kestra Private Wealth Services LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 6.4% during the 1st quarter. Kestra Private Wealth Services LLC now owns 157,268 shares of the company’s stock worth $20,149,000 after acquiring an additional 9,429 shares during the last quarter. Whitaker Myers Wealth Managers LTD. grew its holdings in iShares Russell Mid-Cap Growth ETF by 7.8% during the second quarter. Whitaker Myers Wealth Managers LTD. now owns 154,430 shares of the company’s stock valued at $22,610,000 after purchasing an additional 11,127 shares during the period. Finally, Hsbc Holdings PLC acquired a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at approximately $23,113,000. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA:IWP opened at $136.88 on Thursday. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $148.29. The company has a market capitalization of $19.27 billion, a PE ratio of 30.48 and a beta of 1.13. The company has a 50 day moving average price of $139.89 and a two-hundred day moving average price of $139.32.

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.