Falcon Wealth Planning Acquires 17,762 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Falcon Wealth Planning grew its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 13.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 146,291 shares of the company’s stock after purchasing an additional 17,762 shares during the quarter. iShares Russell Mid-Cap Growth ETF makes up approximately 1.3% of Falcon Wealth Planning’s investment portfolio, making the stock its 19th largest position. Falcon Wealth Planning owned approximately 0.10% of iShares Russell Mid-Cap Growth ETF worth $18,743,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Revolve Wealth Partners LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 2.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after acquiring an additional 182 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 59.9% during the first quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock valued at $337,000 after acquiring an additional 1,074 shares in the last quarter. First Trust Advisors LP bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the second quarter valued at approximately $257,000. Qube Research & Technologies Ltd boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 22.6% in the second quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock valued at $16,092,000 after purchasing an additional 21,353 shares during the period. Finally, Peapack Gladstone Financial Corp boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 17.2% in the second quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock valued at $6,960,000 after purchasing an additional 7,376 shares during the period. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Down 0.1%

IWP opened at $141.13 on Friday. The stock’s fifty day moving average is $138.86 and its two-hundred day moving average is $136.75. The company has a market capitalization of $20.27 billion, a P/E ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 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.