Clearbridge Investments LLC Has $12.56 Million Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Clearbridge Investments LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 617.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 91,708 shares of the company’s stock after purchasing an additional 78,926 shares during the period. Clearbridge Investments LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $12,558,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. American Wealth Advisors LLC acquired a new position in iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $1,954,000. Concurrent Investment Advisors LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 29.8% during the 4th quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock worth $2,246,000 after purchasing an additional 3,769 shares in the last quarter. AE Wealth Management LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 6.7% during the 4th quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock worth $13,039,000 after purchasing an additional 5,971 shares in the last quarter. Johnson Financial Group Inc. grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 29.7% in the third quarter. Johnson Financial Group Inc. now owns 46,403 shares of the company’s stock valued at $6,608,000 after acquiring an additional 10,615 shares in the last quarter. Finally, Congress Asset Management Co. grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 118.3% in the fourth quarter. Congress Asset Management Co. now owns 458,580 shares of the company’s stock valued at $62,798,000 after acquiring an additional 248,474 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Down 2.1%

IWP stock opened at $136.91 on Thursday. The firm has a market cap of $19.67 billion, a PE ratio of 30.48 and a beta of 1.13. The business has a 50 day moving average of $136.48 and a 200-day moving average of $136.45. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $145.60.

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.