iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Shares Bought by Element Wealth LLC

Element Wealth LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 282.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 27,621 shares of the company’s stock after acquiring an additional 20,396 shares during the period. iShares Russell Mid-Cap Growth ETF makes up approximately 1.8% of Element Wealth LLC’s portfolio, making the stock its 12th largest position. Element Wealth LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $3,501,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Passumpsic Savings Bank grew its position in iShares Russell Mid-Cap Growth ETF by 0.6% during the fourth quarter. Passumpsic Savings Bank now owns 12,142 shares of the company’s stock valued at $1,539,000 after buying an additional 76 shares during the period. HB Wealth Management LLC grew its position in iShares Russell Mid-Cap Growth ETF by 1.3% during the fourth quarter. HB Wealth Management LLC now owns 5,849 shares of the company’s stock valued at $741,000 after buying an additional 77 shares during the period. Joseph P. Lucia & Associates LLC grew its position in shares of iShares Russell Mid-Cap Growth ETF by 2.5% in the fourth quarter. Joseph P. Lucia & Associates LLC now owns 3,514 shares of the company’s stock valued at $445,000 after purchasing an additional 85 shares during the period. Hazlett Burt & Watson Inc. grew its position in shares of iShares Russell Mid-Cap Growth ETF by 3.9% in the third quarter. Hazlett Burt & Watson Inc. now owns 2,479 shares of the company’s stock valued at $292,000 after purchasing an additional 92 shares during the period. Finally, RPg Family Wealth Advisory LLC grew its position in shares of iShares Russell Mid-Cap Growth ETF by 3.4% in the third quarter. RPg Family Wealth Advisory LLC now owns 2,792 shares of the company’s stock valued at $327,000 after purchasing an additional 93 shares during the period.

iShares Russell Mid-Cap Growth ETF Stock Down 3.4 %

Shares of NYSEARCA IWP opened at $130.42 on Friday. The company’s 50-day simple moving average is $132.73 and its 200-day simple moving average is $124.68. iShares Russell Mid-Cap Growth ETF has a 52-week low of $101.12 and a 52-week high of $139.68. The firm has a market cap of $18.02 billion, a price-to-earnings ratio of 35.02 and a beta of 1.14.

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).