iShares Russell Mid-Cap Growth ETF $IWP Shares Acquired by Cassaday & Co Wealth Management LLC

Cassaday & Co Wealth Management LLC increased its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,118,203 shares of the company’s stock after buying an additional 8,121 shares during the quarter. iShares Russell Mid-Cap Growth ETF comprises approximately 7.0% of Cassaday & Co Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Cassaday & Co Wealth Management LLC owned about 1.45% of iShares Russell Mid-Cap Growth ETF worth $301,653,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Financial Gravity Companies Inc. acquired a new stake in iShares Russell Mid-Cap Growth ETF during the second quarter worth $28,000. Abound Wealth Management grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 223.2% during the 3rd quarter. Abound Wealth Management now owns 223 shares of the company’s stock worth $32,000 after purchasing an additional 154 shares during the period. Clean Yield Group acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth about $33,000. Ashton Thomas Securities LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth about $34,000. Finally, Founders Financial Alliance LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at about $44,000. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA IWP opened at $134.37 on Tuesday. The stock has a market capitalization of $19.71 billion, a P/E ratio of 30.48 and a beta of 1.15. The firm’s 50-day moving average is $138.38 and its two-hundred day moving average is $140.06. iShares Russell Mid-Cap Growth ETF has a 12 month low of $99.85 and a 12 month high of $145.60.

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.