Sentinel Advisory Group LLC Buys New Shares in iShares Russell Mid-Cap Growth ETF $IWP

Sentinel Advisory Group LLC bought a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the first quarter, HoldingsChannel.com reports. The institutional investor bought 67,385 shares of the company’s stock, valued at approximately $8,633,000. iShares Russell Mid-Cap Growth ETF accounts for 4.2% of Sentinel Advisory Group LLC’s portfolio, making the stock its 7th biggest position.

A number of other large investors also recently added to or reduced their stakes in the business. AE Wealth Management LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 6.7% in the 4th quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock valued at $13,039,000 after acquiring an additional 5,971 shares during the last quarter. Concurrent Investment Advisors LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 29.8% during the 4th quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock valued at $2,246,000 after acquiring an additional 3,769 shares during the period. BCS Wealth Management bought a new position in iShares Russell Mid-Cap Growth ETF during the 4th quarter worth approximately $2,216,000. Krilogy Financial LLC grew its position in iShares Russell Mid-Cap Growth ETF by 5.7% during the 4th quarter. Krilogy Financial LLC now owns 282,178 shares of the company’s stock worth $39,401,000 after acquiring an additional 15,331 shares during the last quarter. Finally, Kelsey Financial LLC purchased a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter worth approximately $3,940,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP stock opened at $136.73 on Friday. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $122.94 and a fifty-two week high of $146.64. The stock has a 50 day moving average price of $140.84 and a two-hundred day moving average price of $137.14. The company has a market capitalization of $19.78 billion, a P/E ratio of 30.48 and a beta of 1.12.

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.