Global Wealth Management Investment Advisory Inc. Acquires 3,007 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Global Wealth Management Investment Advisory Inc. boosted its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 76.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,937 shares of the company’s stock after purchasing an additional 3,007 shares during the quarter. Global Wealth Management Investment Advisory Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $725,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. TIAA Trust National Association bought a new stake in iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth about $1,012,701,000. Morgan Stanley raised its holdings in iShares Russell Mid-Cap Growth ETF by 2.2% during the 3rd quarter. Morgan Stanley now owns 10,917,711 shares of the company’s stock worth $997,333,000 after purchasing an additional 237,006 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 9.1% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,698,919 shares of the company’s stock worth $246,644,000 after purchasing an additional 225,697 shares during the last quarter. Cassaday & Co Wealth Management LLC raised its holdings in iShares Russell Mid-Cap Growth ETF by 0.8% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 2,007,601 shares of the company’s stock worth $183,394,000 after purchasing an additional 16,133 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in iShares Russell Mid-Cap Growth ETF by 6.8% during the 3rd quarter. LPL Financial LLC now owns 1,600,344 shares of the company’s stock worth $146,191,000 after purchasing an additional 101,412 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Trading Up 0.0 %

Shares of NYSEARCA:IWP opened at $107.46 on Thursday. The stock has a market capitalization of $14.56 billion, a P/E ratio of 29.10 and a beta of 1.14. iShares Russell Mid-Cap Growth ETF has a 1-year low of $85.24 and a 1-year high of $114.60. The business has a 50-day moving average price of $111.00 and a two-hundred day moving average price of $103.58.

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).