iShares Russell Mid-Cap Growth ETF $IWP Shares Acquired by SVB Wealth LLC

SVB Wealth LLC grew its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 6.2% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 190,430 shares of the company’s stock after buying an additional 11,033 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for approximately 1.5% of SVB Wealth LLC’s portfolio, making the stock its 15th largest position. SVB Wealth LLC owned about 0.13% of iShares Russell Mid-Cap Growth ETF worth $27,119,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. First Command Advisory Services Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 80,392.3% in the 3rd quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock valued at $506,202,000 after buying an additional 3,550,122 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares Russell Mid-Cap Growth ETF by 171.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock worth $768,640,000 after buying an additional 3,406,598 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 6.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,577,746 shares of the company’s stock worth $794,992,000 after acquiring an additional 345,906 shares during the period. Cullen Frost Bankers Inc. boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 25.0% in the third quarter. Cullen Frost Bankers Inc. now owns 1,194,862 shares of the company’s stock valued at $170,160,000 after acquiring an additional 238,826 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 21.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,348,494 shares of the company’s stock worth $187,009,000 after acquiring an additional 236,001 shares during the period. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Up 0.9%

Shares of IWP opened at $136.73 on Tuesday. The stock’s 50 day moving average is $138.76 and its two-hundred day moving average is $140.31. iShares Russell Mid-Cap Growth ETF has a twelve month low of $99.85 and a twelve month high of $145.60. The firm has a market capitalization of $20.06 billion, a PE ratio of 30.48 and a beta of 1.15.

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.