Victory Financial Group LLC Purchases Shares of 7,249 iShares Russell Mid-Cap Growth ETF $IWP

Victory Financial Group LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 7,249 shares of the company’s stock, valued at approximately $993,000.

Other large investors also recently made changes to their positions in the company. First Command Advisory Services Inc. lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 80,392.3% during the 3rd quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock valued at $506,202,000 after acquiring an additional 3,550,122 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in iShares Russell Mid-Cap Growth ETF by 171.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock worth $768,640,000 after purchasing an additional 3,406,598 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at $91,697,000. Jones Financial Companies Lllp increased its holdings in iShares Russell Mid-Cap Growth ETF by 6.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,577,746 shares of the company’s stock valued at $794,992,000 after purchasing an additional 345,906 shares in the last quarter. Finally, BNP Paribas Financial Markets raised its position in iShares Russell Mid-Cap Growth ETF by 102.1% in the third quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock valued at $71,347,000 after purchasing an additional 253,151 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP opened at $128.12 on Wednesday. The stock’s 50-day moving average is $134.05 and its two-hundred day moving average is $138.11. The stock has a market cap of $18.80 billion, a PE ratio of 30.48 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 12 month low of $99.85 and a 12 month high of $145.60.

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.