Rodgers & Associates LTD Buys 4,385 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Rodgers & Associates LTD lifted its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.0% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 435,416 shares of the company’s stock after purchasing an additional 4,385 shares during the period. iShares Russell Mid-Cap Growth ETF comprises 4.8% of Rodgers & Associates LTD’s investment portfolio, making the stock its 5th biggest position. Rodgers & Associates LTD owned about 0.30% of iShares Russell Mid-Cap Growth ETF worth $63,749,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of IWP. CIBC Private Wealth Group LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 103.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,309,901 shares of the company’s stock worth $179,378,000 after buying an additional 667,479 shares in the last quarter. Wellington Management Group LLP acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the second quarter worth approximately $54,218,000. Fifth Third Bancorp boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 153.0% in the first quarter. Fifth Third Bancorp now owns 511,007 shares of the company’s stock worth $65,470,000 after acquiring an additional 309,058 shares during the last quarter. First Command Advisory Services Inc. increased its position in shares of iShares Russell Mid-Cap Growth ETF by 8.0% during the fourth quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock worth $525,778,000 after purchasing an additional 284,943 shares in the last quarter. Finally, Align Financial LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter worth approximately $38,443,000. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA IWP opened at $137.50 on Thursday. The business has a fifty day moving average price of $141.57 and a 200 day moving average price of $137.80. The company has a market cap of $19.79 billion, a P/E ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $148.29.

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.