Alta Wealth Advisors LLC Acquires Shares of 1,511 iShares Russell Mid-Cap Growth ETF $IWP

Alta Wealth Advisors LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 1,511 shares of the company’s stock, valued at approximately $210,000.

A number of other hedge funds have also recently modified their holdings of the company. Kingstone Capital Partners Texas LLC increased its position in shares of iShares Russell Mid-Cap Growth ETF by 744,932.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 14,565,376 shares of the company’s stock valued at $2,019,926,000 after acquiring an additional 14,563,421 shares during the period. Jones Financial Companies Lllp increased its position in shares of iShares Russell Mid-Cap Growth ETF by 7.1% in the first quarter. Jones Financial Companies Lllp now owns 4,861,523 shares of the company’s stock valued at $571,855,000 after acquiring an additional 323,885 shares during the period. Commonwealth Equity Services LLC increased its position in shares of iShares Russell Mid-Cap Growth ETF by 0.7% in the first quarter. Commonwealth Equity Services LLC now owns 2,497,849 shares of the company’s stock valued at $293,472,000 after acquiring an additional 16,694 shares during the period. LPL Financial LLC increased its position in shares of iShares Russell Mid-Cap Growth ETF by 6.7% in the first quarter. LPL Financial LLC now owns 2,298,746 shares of the company’s stock valued at $269,980,000 after acquiring an additional 144,339 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in shares of iShares Russell Mid-Cap Growth ETF by 19.0% in the first quarter. Envestnet Asset Management Inc. now owns 1,929,629 shares of the company’s stock valued at $226,712,000 after acquiring an additional 308,531 shares during the period. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 0.4%

IWP stock opened at $142.93 on Friday. The firm’s 50-day moving average price is $142.10 and its two-hundred day moving average price is $133.08. iShares Russell Mid-Cap Growth ETF has a 12-month low of $99.85 and a 12-month high of $145.50. The stock has a market capitalization of $20.82 billion, a price-to-earnings ratio of 30.48 and a beta of 1.10.

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).