Thrivent Financial for Lutherans Grows Position in iShares Russell Mid-Cap Growth ETF $IWP

Thrivent Financial for Lutherans grew its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 63.6% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 44,027 shares of the company’s stock after buying an additional 17,111 shares during the period. Thrivent Financial for Lutherans’ holdings in iShares Russell Mid-Cap Growth ETF were worth $6,270,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Southern Capital Advisors LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 1.7% during the 3rd quarter. Southern Capital Advisors LLC now owns 87,283 shares of the company’s stock valued at $12,430,000 after acquiring an additional 1,451 shares in the last quarter. Topsail Wealth Management LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 7.7% in the 3rd quarter. Topsail Wealth Management LLC now owns 4,181 shares of the company’s stock worth $595,000 after purchasing an additional 300 shares in the last quarter. Independent Advisor Alliance boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 27.0% during the 3rd quarter. Independent Advisor Alliance now owns 3,461 shares of the company’s stock worth $493,000 after purchasing an additional 735 shares during the last quarter. Centerpoint Advisory Group grew its position in shares of iShares Russell Mid-Cap Growth ETF by 17.8% in the third quarter. Centerpoint Advisory Group now owns 1,767 shares of the company’s stock valued at $252,000 after purchasing an additional 267 shares in the last quarter. Finally, Berman McAleer LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the third quarter valued at approximately $520,000. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $135.57 on Friday. The business’s 50 day moving average price is $138.78 and its 200 day moving average price is $140.34. The company has a market cap of $19.89 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a one year low of $99.85 and a one year high of $145.60.

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.