iShares Russell Mid-Cap Growth ETF $IWP Shares Bought by Mainsail Financial Group LLC

Mainsail Financial Group LLC grew its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 9.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,043 shares of the company’s stock after buying an additional 5,510 shares during the quarter. iShares Russell Mid-Cap Growth ETF accounts for approximately 3.1% of Mainsail Financial Group LLC’s holdings, making the stock its 12th biggest holding. Mainsail Financial Group LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $9,231,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in IWP. Envestnet Asset Management Inc. boosted its position 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 worth $858,908,000 after buying an additional 93,924 shares in the last quarter. Cassaday & Co Wealth Management LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 1.9% in the 1st quarter. Cassaday & Co Wealth Management LLC now owns 2,184,734 shares of the company’s stock valued at $279,908,000 after acquiring an additional 41,659 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in iShares Russell Mid-Cap Growth ETF by 5.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,486,576 shares of the company’s stock valued at $217,650,000 after acquiring an additional 71,020 shares during the last quarter. Stephens Group Asset Management LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 12.6% during the 3rd quarter. Stephens Group Asset Management LLC now owns 633,950 shares of the company’s stock valued at $87,282,000 after acquiring an additional 70,933 shares in the last quarter. Finally, Fifth Third Bancorp increased its holdings in iShares Russell Mid-Cap Growth ETF by 153.0% during the 1st quarter. Fifth Third Bancorp now owns 511,007 shares of the company’s stock valued at $65,470,000 after acquiring an additional 309,058 shares in the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP opened at $132.81 on Monday. The company has a market capitalization of $18.68 billion, a P/E ratio of 30.48 and a beta of 1.13. The firm has a 50-day moving average price of $139.33 and a two-hundred day moving average price of $139.36. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month 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.