Gladstone Institutional Advisory LLC Acquires 50,293 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Gladstone Institutional Advisory LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 436.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 61,813 shares of the company’s stock after purchasing an additional 50,293 shares during the period. Gladstone Institutional Advisory LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $7,835,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Cassaday & Co Wealth Management LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 2.3% during the third quarter. Cassaday & Co Wealth Management LLC now owns 2,134,150 shares of the company’s stock worth $250,314,000 after buying an additional 47,328 shares during the period. LPL Financial LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 11.1% in the 3rd quarter. LPL Financial LLC now owns 1,814,140 shares of the company’s stock worth $212,780,000 after acquiring an additional 181,523 shares in the last quarter. First Citizens Bank & Trust Co. lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 25.6% during the 4th quarter. First Citizens Bank & Trust Co. now owns 1,791,302 shares of the company’s stock worth $227,048,000 after purchasing an additional 365,602 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 12,202.3% during the fourth quarter. Strategic Financial Concepts LLC now owns 723,865 shares of the company’s stock valued at $91,750,000 after purchasing an additional 717,981 shares in the last quarter. Finally, Wellington Management Group LLP grew its stake in iShares Russell Mid-Cap Growth ETF by 156.5% in the third quarter. Wellington Management Group LLP now owns 521,898 shares of the company’s stock valued at $61,213,000 after purchasing an additional 318,410 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Trading Down 1.1 %

NYSEARCA IWP opened at $137.37 on Wednesday. The firm’s fifty day simple moving average is $132.44 and its two-hundred day simple moving average is $123.30. The firm has a market capitalization of $17.77 billion, a P/E ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 12-month low of $101.12 and a 12-month high of $139.25.

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).