Cassaday & Co Wealth Management LLC Raises Stake in iShares Russell Mid-Cap Growth ETF $IWP

Cassaday & Co Wealth Management LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.9% during the first quarter, HoldingsChannel reports. The firm owned 2,184,734 shares of the company’s stock after purchasing an additional 41,659 shares during the period. iShares Russell Mid-Cap Growth ETF comprises 6.0% of Cassaday & Co Wealth Management LLC’s portfolio, making the stock its 5th largest holding. Cassaday & Co Wealth Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $279,908,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Richards Merrill & Peterson Inc. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth approximately $25,000. CNB Bank increased its holdings in iShares Russell Mid-Cap Growth ETF by 478.8% during the fourth quarter. CNB Bank now owns 191 shares of the company’s stock valued at $26,000 after buying an additional 158 shares during the period. Beaird Harris Wealth Management LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 125.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after buying an additional 110 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in iShares Russell Mid-Cap Growth ETF in the fourth quarter worth approximately $27,000. Finally, Imprint Wealth LLC bought a new position in iShares Russell Mid-Cap Growth ETF in the third quarter worth approximately $29,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

iShares Russell Mid-Cap Growth ETF stock opened at $137.59 on Tuesday. The firm has a market cap of $20.12 billion, a P/E ratio of 30.48 and a beta of 1.12. The business has a fifty day moving average of $140.70 and a two-hundred day moving average of $137.11. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $146.64.

iShares Russell Mid-Cap Growth ETF 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.