10,449 Shares in iShares Russell Mid-Cap Growth ETF $IWP Bought by Montgomery Financial Services LLC

Montgomery Financial Services LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 10,449 shares of the company’s stock, valued at approximately $1,439,000. iShares Russell Mid-Cap Growth ETF accounts for about 1.2% of Montgomery Financial Services LLC’s holdings, making the stock its 10th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at approximately $28,000. McIlrath & Eck LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the first quarter valued at $26,000. Laurel Wealth Advisors LLC acquired a new position in iShares Russell Mid-Cap Growth ETF during the third quarter worth $31,000. Signature Resources Capital Management LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 83.6% during the first quarter. Signature Resources Capital Management LLC now owns 224 shares of the company’s stock worth $29,000 after buying an additional 102 shares during the last quarter. Finally, Allied Private Wealth LLC acquired a new position in iShares Russell Mid-Cap Growth ETF during the second quarter worth $32,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Up 0.9%

NYSEARCA IWP opened at $124.01 on Friday. The firm’s fifty day moving average price is $136.98 and its two-hundred day moving average price is $137.48. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.40 and a 1 year high of $148.29. The firm has a market capitalization of $17.40 billion, a P/E ratio of 27.78 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.