Sigma Planning Corp Raises Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Sigma Planning Corp lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 10.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,959 shares of the company’s stock after acquiring an additional 3,854 shares during the quarter. Sigma Planning Corp’s holdings in iShares Russell Mid-Cap Growth ETF were worth $5,619,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Richards Merrill & Peterson Inc. bought a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at $25,000. Beaird Harris Wealth Management LLC raised its position in iShares Russell Mid-Cap Growth ETF by 125.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares in the last quarter. Imprint Wealth LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the third quarter worth about $29,000. Laurel Wealth Advisors LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at about $30,000. Finally, Clean Yield Group purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $33,000. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

IWP stock opened at $136.31 on Friday. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $121.63 and a fifty-two week high of $145.60. The business’s 50 day moving average price is $132.86 and its two-hundred day moving average price is $136.71. The company has a market capitalization of $19.55 billion, a price-to-earnings ratio of 30.48 and a beta of 1.17.

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.