iShares Russell Mid-Cap Growth ETF $IWP Stock Acquired by Friday Financial

Friday Financial boosted its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 95.9% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 26,536 shares of the company’s stock after buying an additional 12,990 shares during the period. iShares Russell Mid-Cap Growth ETF makes up approximately 0.7% of Friday Financial’s holdings, making the stock its 25th biggest holding. Friday Financial’s holdings in iShares Russell Mid-Cap Growth ETF were worth $3,705,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of IWP. Envestnet Asset Management Inc. increased its position in shares of iShares Russell Mid-Cap Growth ETF by 1.6% during the second quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock worth $858,908,000 after acquiring an additional 93,924 shares in the last quarter. Cassaday & Co Wealth Management LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 1.9% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 2,184,734 shares of the company’s stock worth $279,908,000 after purchasing an additional 41,659 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 5.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,486,576 shares of the company’s stock valued at $217,650,000 after purchasing an additional 71,020 shares during the period. Mariner LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 7.7% in the 4th quarter. Mariner LLC now owns 666,081 shares of the company’s stock valued at $91,213,000 after purchasing an additional 47,836 shares during the period. Finally, Focus Partners Wealth lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 14.0% in the fourth quarter. Focus Partners Wealth now owns 652,159 shares of the company’s stock valued at $89,340,000 after purchasing an additional 80,331 shares in the last quarter. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $143.10 on Friday. The firm has a market cap of $20.11 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13. The stock’s 50-day moving average is $140.86 and its 200-day moving average is $138.73. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $148.29.

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.