Centerpoint Advisory Group Invests $208,000 in iShares Russell Mid-Cap Growth ETF $IWP

Centerpoint Advisory Group purchased a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,500 shares of the company’s stock, valued at approximately $208,000.

Several other institutional investors have also recently modified their holdings of IWP. Revolve Wealth Partners LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 2.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after purchasing an additional 182 shares during the last quarter. Principal Financial Group Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 142.3% in the 1st quarter. Principal Financial Group Inc. now owns 6,300 shares of the company’s stock valued at $740,000 after acquiring an additional 3,700 shares during the last quarter. Capital Investment Advisory Services LLC raised its holdings in iShares Russell Mid-Cap Growth ETF by 69.6% in the 1st quarter. Capital Investment Advisory Services LLC now owns 229 shares of the company’s stock valued at $27,000 after acquiring an additional 94 shares during the last quarter. World Investment Advisors raised its holdings in iShares Russell Mid-Cap Growth ETF by 13.8% in the 1st quarter. World Investment Advisors now owns 7,664 shares of the company’s stock valued at $900,000 after acquiring an additional 929 shares during the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 19.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,929,629 shares of the company’s stock valued at $226,712,000 after acquiring an additional 308,531 shares during the last quarter. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $139.41 on Thursday. The stock has a fifty day moving average of $142.87 and a two-hundred day moving average of $137.58. The company has a market capitalization of $20.37 billion, a PE ratio of 30.48 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week 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).