Stephens Group Asset Management LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 12.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 633,950 shares of the company’s stock after purchasing an additional 70,933 shares during the quarter. iShares Russell Mid-Cap Growth ETF makes up 5.0% of Stephens Group Asset Management LLC’s portfolio, making the stock its 9th biggest holding. Stephens Group Asset Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $87,282,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Post Resch Tallon Group Inc. increased its position in iShares Russell Mid-Cap Growth ETF by 4.1% during the third quarter. Post Resch Tallon Group Inc. now owns 17,917 shares of the company’s stock worth $2,467,000 after buying an additional 710 shares in the last quarter. Diversified Management Inc. lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 4.8% in the third quarter. Diversified Management Inc. now owns 130,240 shares of the company’s stock valued at $17,931,000 after acquiring an additional 5,918 shares in the last quarter. Farther Finance Advisors LLC boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 17.5% during the third quarter. Farther Finance Advisors LLC now owns 58,042 shares of the company’s stock valued at $7,991,000 after acquiring an additional 8,627 shares during the last quarter. Avidian Wealth Enterprises LLC acquired a new position in iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at about $249,000. Finally, LWM Advisors Inc. lifted its holdings in iShares Russell Mid-Cap Growth ETF by 4.0% in the 3rd quarter. LWM Advisors Inc. now owns 32,814 shares of the company’s stock valued at $4,518,000 after purchasing an additional 1,264 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.
iShares Russell Mid-Cap Growth ETF Trading Up 1.4%
Shares of iShares Russell Mid-Cap Growth ETF stock traded up $1.93 during mid-day trading on Friday, hitting $142.83. 241,133 shares of the stock were exchanged, compared to its average volume of 876,138. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $148.29. The stock has a market capitalization of $20.07 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13. The company has a 50-day simple moving average of $140.74 and a 200 day simple moving average of $138.70.
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.
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