Falcon Wealth Planning Boosts Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Falcon Wealth Planning grew its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 13.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 146,291 shares of the company’s stock after purchasing an additional 17,762 shares during the quarter. iShares Russell Mid-Cap Growth ETF makes up 1.3% of Falcon Wealth Planning’s portfolio, making the stock its 19th biggest position. Falcon Wealth Planning’s holdings in iShares Russell Mid-Cap Growth ETF were worth $18,743,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of IWP. Richards Merrill & Peterson Inc. purchased a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at approximately $25,000. CNB Bank lifted its holdings in iShares Russell Mid-Cap Growth ETF by 478.8% during the fourth quarter. CNB Bank now owns 191 shares of the company’s stock worth $26,000 after buying an additional 158 shares during the period. Hilton Head Capital Partners LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth $27,000. Beaird Harris Wealth Management LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 125.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after acquiring an additional 110 shares in the last quarter. Finally, Sfam LLC bought a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at $28,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 0.1%

Shares of NYSEARCA:IWP opened at $141.13 on Friday. The company has a market capitalization of $20.27 billion, a PE ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $145.60. The business’s fifty day simple moving average is $138.86 and its 200-day simple moving average is $136.75.

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). 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.