MGO One Seven LLC Increases Stock Position in iShares Russell Mid-Cap Growth ETF $IWP

MGO One Seven LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 220.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,036 shares of the company’s stock after buying an additional 7,597 shares during the period. MGO One Seven LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,511,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Richards Merrill & Peterson Inc. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth about $25,000. Beaird Harris Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 125.0% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the period. Imprint Wealth LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth about $29,000. Laurel Wealth Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth about $30,000. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth about $34,000. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Up 0.3%

NYSEARCA:IWP opened at $137.77 on Tuesday. The company has a 50-day moving average price of $133.08 and a 200-day moving average price of $136.48. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $145.60. The stock has a market cap of $19.79 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13.

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). 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.