Global Retirement Partners LLC Buys New Stake in iShares Russell Mid-Cap Growth ETF $IWP

Global Retirement Partners LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the second quarter, HoldingsChannel.com reports. The fund purchased 23,444 shares of the company’s stock, valued at approximately $3,432,000.

Other hedge funds have also bought and sold shares of the company. CIBC Private Wealth Group LLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 103.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,309,901 shares of the company’s stock valued at $179,378,000 after purchasing an additional 667,479 shares during the last quarter. Fifth Third Bancorp grew its position in shares of iShares Russell Mid-Cap Growth ETF by 153.0% during the first quarter. Fifth Third Bancorp now owns 511,007 shares of the company’s stock valued at $65,470,000 after purchasing an additional 309,058 shares in the last quarter. First Command Advisory Services Inc. grew its position in shares of iShares Russell Mid-Cap Growth ETF by 8.0% during the fourth quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock valued at $525,778,000 after purchasing an additional 284,943 shares in the last quarter. Align Financial LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter worth about $38,443,000. Finally, BNP Paribas Financial Markets increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 102.1% in the third quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock worth $71,347,000 after purchasing an additional 253,151 shares during 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 $147.25 on Monday. The company has a market capitalization of $21.20 billion, a P/E ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $147.72. The business’s 50-day moving average is $141.21 and its 200 day moving average is $137.21.

iShares Russell Mid-Cap Growth ETF Company 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.