iShares Russell Mid-Cap Growth ETF $IWP is First Command Advisory Services Inc.’s 6th Largest Position

First Command Advisory Services Inc. lifted its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 8.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,839,481 shares of the company’s stock after purchasing an additional 284,943 shares during the quarter. iShares Russell Mid-Cap Growth ETF comprises about 3.7% of First Command Advisory Services Inc.’s holdings, making the stock its 6th biggest holding. First Command Advisory Services Inc. owned approximately 2.62% of iShares Russell Mid-Cap Growth ETF worth $525,778,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of IWP. Revolve Wealth Partners LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock valued at $934,000 after purchasing an additional 182 shares during the period. AQR Capital Management LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 59.9% in the first quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock valued at $337,000 after purchasing an additional 1,074 shares during the period. First Trust Advisors LP purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the second quarter valued at about $257,000. Qube Research & Technologies Ltd grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 22.6% in the second quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock valued at $16,092,000 after purchasing an additional 21,353 shares during the period. Finally, Peapack Gladstone Financial Corp grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 17.2% in the second quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock valued at $6,960,000 after purchasing an additional 7,376 shares during the period. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 2.7%

Shares of IWP opened at $139.23 on Friday. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $145.60. The firm has a 50-day moving average price of $135.69 and a 200 day moving average price of $136.32. The firm has a market capitalization of $20.00 billion, a P/E ratio of 30.48 and a beta of 1.13.

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.