Kingswood Wealth Advisors LLC Has $5.01 Million Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Kingswood Wealth Advisors LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 56.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 35,187 shares of the company’s stock after acquiring an additional 12,687 shares during the period. Kingswood Wealth Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $5,011,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Financial Gravity Companies Inc. acquired a new stake in iShares Russell Mid-Cap Growth ETF during the second quarter valued at approximately $28,000. Abound Wealth Management raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 223.2% in the 3rd quarter. Abound Wealth Management now owns 223 shares of the company’s stock worth $32,000 after buying an additional 154 shares in the last quarter. Clean Yield Group bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $33,000. Ryan Investment Management Inc. bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter worth approximately $36,000. Finally, Berkshire Money Management Inc. acquired a new stake in iShares Russell Mid-Cap Growth ETF in the 2nd quarter valued at $45,000. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA:IWP opened at $141.01 on Thursday. The business’s fifty day moving average price is $138.41 and its two-hundred day moving average price is $140.35. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $145.60. The stock has a market capitalization of $21.17 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15.

About iShares Russell Mid-Cap Growth ETF

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.