7,249 Shares in iShares Russell Mid-Cap Growth ETF $IWP Purchased by Victory Financial Group LLC

Victory Financial Group LLC bought a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,249 shares of the company’s stock, valued at approximately $993,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Beaird Harris Wealth Management LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 125.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after buying an additional 110 shares during the last quarter. Imprint Wealth LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the third quarter valued at approximately $29,000. Abound Wealth Management boosted its position in iShares Russell Mid-Cap Growth ETF by 223.2% during the third quarter. Abound Wealth Management now owns 223 shares of the company’s stock worth $32,000 after acquiring an additional 154 shares during the last quarter. Clean Yield Group acquired a new stake in iShares Russell Mid-Cap Growth ETF during the third quarter worth approximately $33,000. Finally, Ashton Thomas Securities LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth approximately $34,000. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $128.12 on Wednesday. The stock has a fifty day moving average of $134.05 and a two-hundred day moving average of $138.11. The company has a market capitalization of $18.80 billion, a PE ratio of 30.48 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $145.60.

iShares Russell Mid-Cap Growth ETF Company 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.