iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Shares Purchased by Rebalance LLC

Rebalance LLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 5.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,803 shares of the company’s stock after acquiring an additional 402 shares during the quarter. Rebalance LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $915,000 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 business. Envestnet Asset Management Inc. increased its stake in iShares Russell Mid-Cap Growth ETF by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 2,243,857 shares of the company’s stock worth $247,610,000 after acquiring an additional 57,491 shares during the last quarter. Cassaday & Co Wealth Management LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 1.6% during the second quarter. Cassaday & Co Wealth Management LLC now owns 2,086,822 shares of the company’s stock worth $230,281,000 after acquiring an additional 31,922 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 2.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,543,573 shares of the company’s stock worth $170,333,000 after buying an additional 32,942 shares during the period. US Bancorp DE boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 0.4% during the first quarter. US Bancorp DE now owns 1,534,216 shares of the company’s stock worth $175,116,000 after buying an additional 6,034 shares during the period. Finally, First Citizens Bank & Trust Co. boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 1.8% during the second quarter. First Citizens Bank & Trust Co. now owns 1,431,399 shares of the company’s stock worth $157,955,000 after buying an additional 24,647 shares during the period.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP traded down $0.40 during midday trading on Wednesday, hitting $120.38. 52,867 shares of the stock were exchanged, compared to its average volume of 846,578. iShares Russell Mid-Cap Growth ETF has a 52-week low of $85.24 and a 52-week high of $122.38. The stock has a fifty day simple moving average of $115.50 and a 200 day simple moving average of $111.81. The firm has a market cap of $15.57 billion, a P/E ratio of 29.60 and a beta of 1.15.

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).