Accredited Investors Inc. Has $25.61 Million Position in iShares Russell Mid-Cap Growth ETF $IWP

Accredited Investors Inc. lowered its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 6.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 187,039 shares of the company’s stock after selling 13,756 shares during the quarter. iShares Russell Mid-Cap Growth ETF accounts for approximately 1.4% of Accredited Investors Inc.’s investment portfolio, making the stock its 19th largest position. Accredited Investors Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $25,613,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in IWP. Richards Merrill & Peterson Inc. bought a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $25,000. Beaird Harris Wealth Management LLC boosted its holdings in 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 acquiring an additional 110 shares during the last quarter. Imprint Wealth LLC bought a new stake in iShares Russell Mid-Cap Growth ETF in the third quarter valued at approximately $29,000. Laurel Wealth Advisors LLC bought a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $30,000. Finally, City State Bank bought a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $38,000. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP stock opened at $136.12 on Friday. The business’s 50 day simple moving average is $133.11 and its 200 day simple moving average is $136.35. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $145.60. The stock has a market capitalization of $19.55 billion, a PE ratio of 30.48 and a beta of 1.13.

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.