United Advisor Group LLC Takes Position in iShares Russell Mid-Cap Growth ETF $IWP

United Advisor Group LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,987 shares of the company’s stock, valued at approximately $1,642,000.

Other institutional investors have also recently made changes to their positions in the company. Beaird Harris Wealth Management LLC grew its position in shares of iShares Russell Mid-Cap Growth ETF by 125.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares in the last quarter. Imprint Wealth LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the third quarter valued at about $29,000. Abound Wealth Management grew its position in shares of iShares Russell Mid-Cap Growth ETF by 223.2% during the third quarter. Abound Wealth Management now owns 223 shares of the company’s stock valued at $32,000 after purchasing an additional 154 shares in the last quarter. Clean Yield Group purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the third quarter valued at about $33,000. Finally, Ashton Thomas Securities LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the third quarter valued at about $34,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Up 0.6%

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $135.28 on Thursday. The firm has a market cap of $19.55 billion, a price-to-earnings ratio of 30.48 and a beta of 1.17. The business has a 50-day moving average price of $132.61 and a 200-day moving average price of $137.19. iShares Russell Mid-Cap Growth ETF has a twelve month low of $108.68 and a twelve month high of $145.60.

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.