iShares Russell Mid-Cap Growth ETF $IWP Shares Bought by Southern Capital Advisors LLC

Southern Capital Advisors LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 11.8% during the first quarter, Holdings Channel reports. The fund owned 99,763 shares of the company’s stock after purchasing an additional 10,501 shares during the quarter. iShares Russell Mid-Cap Growth ETF accounts for 6.0% of Southern Capital Advisors LLC’s investment portfolio, making the stock its 5th largest holding. Southern Capital Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $12,782,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of IWP. Wells Fargo & Company MN boosted its holdings in iShares Russell Mid-Cap Growth ETF by 1.3% in the fourth quarter. Wells Fargo & Company MN now owns 5,299,199 shares of the company’s stock valued at $725,672,000 after purchasing an additional 69,999 shares during the last quarter. First Command Advisory Services Inc. grew its stake in iShares Russell Mid-Cap Growth ETF by 8.0% during the 4th quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock valued at $525,778,000 after purchasing an additional 284,943 shares in the last quarter. LPL Financial LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 6.6% during the 4th quarter. LPL Financial LLC now owns 2,616,494 shares of the company’s stock worth $358,303,000 after purchasing an additional 161,336 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in iShares Russell Mid-Cap Growth ETF by 1.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,551,080 shares of the company’s stock worth $363,274,000 after purchasing an additional 26,261 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in shares of iShares Russell Mid-Cap Growth ETF by 0.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,457,673 shares of the company’s stock valued at $336,554,000 after purchasing an additional 12,105 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

iShares Russell Mid-Cap Growth ETF stock opened at $141.95 on Monday. The stock has a market cap of $20.39 billion, a P/E ratio of 30.48 and a beta of 1.13. The stock has a 50 day moving average of $138.16 and a 200-day moving average of $136.68. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $145.60.

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.