FMA Wealth Management LLC Invests $3.20 Million in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

FMA Wealth Management LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWPFree Report) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 30,634 shares of the company’s stock, valued at approximately $3,200,000. iShares Russell Mid-Cap Growth ETF comprises about 2.9% of FMA Wealth Management LLC’s holdings, making the stock its 11th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Flputnam Investment Management Co. boosted its position in iShares Russell Mid-Cap Growth ETF by 2.1% in the 4th quarter. Flputnam Investment Management Co. now owns 4,705 shares of the company’s stock valued at $492,000 after buying an additional 96 shares during the last quarter. Western Wealth Management LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 0.7% in the 4th quarter. Western Wealth Management LLC now owns 15,336 shares of the company’s stock valued at $1,602,000 after buying an additional 103 shares during the last quarter. SouthState Corp boosted its position in iShares Russell Mid-Cap Growth ETF by 1.8% in the 4th quarter. SouthState Corp now owns 6,114 shares of the company’s stock valued at $639,000 after buying an additional 106 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 10.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,206 shares of the company’s stock valued at $126,000 after buying an additional 110 shares during the last quarter. Finally, ORG Partners LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 73.4% in the 4th quarter. ORG Partners LLC now owns 274 shares of the company’s stock valued at $29,000 after buying an additional 116 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Trading Up 1.0 %

NYSEARCA:IWP traded up $1.09 on Friday, reaching $111.11. The stock had a trading volume of 352,089 shares, compared to its average volume of 779,641. The company has a 50-day moving average of $110.65 and a 200 day moving average of $105.91. The stock has a market cap of $14.37 billion, a P/E ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 12-month low of $85.24 and a 12-month high of $114.60.

iShares Russell Mid-Cap Growth ETF Profile

(Free Report)

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).

Further Reading

Institutional Ownership by Quarter for iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

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