42,941 Shares in iShares Russell Mid-Cap Growth ETF $IWP Bought by Ticino Wealth

Ticino Wealth bought a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 42,941 shares of the company’s stock, valued at approximately $5,880,000. iShares Russell Mid-Cap Growth ETF comprises approximately 2.2% of Ticino Wealth’s investment portfolio, making the stock its 8th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. First Command Advisory Services Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 80,392.3% in the 3rd quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock valued at $506,202,000 after buying an additional 3,550,122 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares Russell Mid-Cap Growth ETF by 171.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock worth $768,640,000 after purchasing an additional 3,406,598 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new position in iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth about $91,697,000. Jones Financial Companies Lllp grew its position in shares of iShares Russell Mid-Cap Growth ETF by 6.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,577,746 shares of the company’s stock valued at $794,992,000 after buying an additional 345,906 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its stake 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 valued at $71,347,000 after buying an additional 253,151 shares during the period. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP opened at $139.00 on Tuesday. The business has a 50-day moving average of $132.77 and a 200-day moving average of $137.03. The company has a market capitalization of $19.97 billion, a price-to-earnings ratio of 30.48 and a beta of 1.17. iShares Russell Mid-Cap Growth ETF has a 1 year low of $111.32 and a 1 year 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.