L.K. Benson & Company P.C. Takes Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

L.K. Benson & Company P.C. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 3,815 shares of the company’s stock, valued at approximately $484,000.

A number of other large investors have also recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at $126,309,000. Strategic Financial Concepts LLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 12,202.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 723,865 shares of the company’s stock worth $91,750,000 after buying an additional 717,981 shares during the last quarter. Envestnet Portfolio Solutions Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 26.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,881,474 shares of the company’s stock valued at $238,477,000 after buying an additional 389,972 shares during the period. First Citizens Bank & Trust Co. increased its holdings in iShares Russell Mid-Cap Growth ETF by 25.6% during the fourth quarter. First Citizens Bank & Trust Co. now owns 1,791,302 shares of the company’s stock valued at $227,048,000 after buying an additional 365,602 shares during the last quarter. Finally, Congress Asset Management Co. raised its position in iShares Russell Mid-Cap Growth ETF by 86.8% in the fourth quarter. Congress Asset Management Co. now owns 687,453 shares of the company’s stock worth $87,135,000 after acquiring an additional 319,368 shares during the period.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP stock opened at $118.45 on Wednesday. The company has a market cap of $16.25 billion, a price-to-earnings ratio of 28.98 and a beta of 1.16. iShares Russell Mid-Cap Growth ETF has a 1 year low of $101.12 and a 1 year high of $139.68. The firm has a fifty day moving average price of $130.17 and a 200-day moving average price of $126.38.

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).