Flputnam Investment Management Co. Boosts Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Flputnam Investment Management Co. raised its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 271.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 13,037 shares of the company’s stock after purchasing an additional 9,525 shares during the quarter. Flputnam Investment Management Co.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,898,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in IWP. Wells Fargo & Company MN raised its position in shares of iShares Russell Mid-Cap Growth ETF by 1.3% in the 4th quarter. Wells Fargo & Company MN now owns 5,299,199 shares of the company’s stock worth $725,672,000 after buying an additional 69,999 shares during the period. First Command Advisory Services Inc. boosted its holdings in iShares Russell Mid-Cap Growth ETF by 8.0% in the fourth quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock valued at $525,778,000 after acquiring an additional 284,943 shares during the last quarter. LPL Financial LLC grew its position in iShares Russell Mid-Cap Growth ETF by 6.6% during the fourth quarter. LPL Financial LLC now owns 2,616,494 shares of the company’s stock valued at $358,303,000 after acquiring an additional 161,336 shares during the period. Ameriprise Financial Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 1.1% during the second quarter. Ameriprise Financial Inc. now owns 2,524,819 shares of the company’s stock valued at $350,422,000 after acquiring an additional 26,620 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in iShares Russell Mid-Cap Growth ETF by 0.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,457,673 shares of the company’s stock worth $336,554,000 after acquiring an additional 12,105 shares during the last quarter. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

iShares Russell Mid-Cap Growth ETF stock opened at $140.91 on Monday. iShares Russell Mid-Cap Growth ETF has a 12 month low of $122.94 and a 12 month high of $148.29. The stock’s 50-day moving average is $141.71 and its 200-day moving average is $137.72. The company has a market cap of $20.28 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12.

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.