iShares Russell Mid-Cap Growth ETF $IWP Stake Boosted by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 5.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 204,070 shares of the company’s stock after buying an additional 10,944 shares during the quarter. Kestra Advisory Services LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $28,096,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in IWP. McIlrath & Eck LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the first quarter valued at approximately $26,000. Hilton Head Capital Partners LLC bought a new position in iShares Russell Mid-Cap Growth ETF in the third quarter worth approximately $28,000. Signature Resources Capital Management LLC raised its position in iShares Russell Mid-Cap Growth ETF by 83.6% in the first quarter. Signature Resources Capital Management LLC now owns 224 shares of the company’s stock worth $29,000 after acquiring an additional 102 shares during the period. Ashton Thomas Securities LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the 1st quarter worth $30,000. Finally, Laurel Wealth Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth $31,000. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP stock opened at $124.01 on Friday. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.40 and a 1 year high of $148.29. The firm has a fifty day moving average price of $136.98 and a 200-day moving average price of $137.48. The company has a market cap of $17.40 billion, a price-to-earnings ratio of 27.78 and a beta of 1.13.

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.