iShares Russell Mid-Cap Growth ETF $IWP Stock Position Raised by GenWealth Group Inc.

GenWealth Group Inc. boosted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 9.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 202,807 shares of the company’s stock after purchasing an additional 17,897 shares during the period. iShares Russell Mid-Cap Growth ETF makes up approximately 4.9% of GenWealth Group Inc.’s holdings, making the stock its 6th largest position. GenWealth Group Inc. owned about 0.14% of iShares Russell Mid-Cap Growth ETF worth $28,774,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. PFG Investments LLC increased its position in iShares Russell Mid-Cap Growth ETF by 2.8% during the third quarter. PFG Investments LLC now owns 2,914 shares of the company’s stock valued at $415,000 after acquiring an additional 80 shares during the last quarter. Breakwater Capital Group boosted its position in iShares Russell Mid-Cap Growth ETF by 3.6% in the third quarter. Breakwater Capital Group now owns 2,375 shares of the company’s stock worth $338,000 after purchasing an additional 82 shares during the last quarter. Willner & Heller LLC grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 0.7% during the 4th quarter. Willner & Heller LLC now owns 11,602 shares of the company’s stock valued at $1,589,000 after purchasing an additional 82 shares during the period. BCGM Wealth Management LLC grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 3.2% during the 3rd quarter. BCGM Wealth Management LLC now owns 2,684 shares of the company’s stock valued at $382,000 after purchasing an additional 84 shares during the period. Finally, Bedel Financial Consulting Inc. increased its position in shares of iShares Russell Mid-Cap Growth ETF by 1.2% during the 3rd quarter. Bedel Financial Consulting Inc. now owns 7,283 shares of the company’s stock valued at $1,037,000 after purchasing an additional 86 shares during the last quarter. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Up 0.9%

Shares of NYSEARCA:IWP opened at $130.63 on Thursday. The stock has a market capitalization of $19.16 billion, a PE ratio of 30.48 and a beta of 1.15. The firm’s 50 day moving average price is $135.21 and its 200-day moving average price is $138.65. iShares Russell Mid-Cap Growth ETF has a twelve month low of $99.85 and a twelve month 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.