Allspring Global Investments Holdings LLC Grows Stock Position in iShares Russell Mid-Cap Growth ETF $IWP

Allspring Global Investments Holdings LLC lifted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 200.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,872 shares of the company’s stock after purchasing an additional 21,262 shares during the period. Allspring Global Investments Holdings LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $4,405,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of IWP. Beaird Harris Wealth Management LLC increased its position in shares of iShares Russell Mid-Cap Growth ETF by 125.0% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares during the last quarter. Imprint Wealth LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at approximately $29,000. Abound Wealth Management increased its position in shares of iShares Russell Mid-Cap Growth ETF by 223.2% in the 3rd quarter. Abound Wealth Management now owns 223 shares of the company’s stock valued at $32,000 after purchasing an additional 154 shares during the last quarter. Clean Yield Group purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at approximately $33,000. Finally, Ashton Thomas Securities LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at approximately $34,000. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Down 0.6%

Shares of NYSEARCA:IWP opened at $129.10 on Wednesday. iShares Russell Mid-Cap Growth ETF has a 52 week low of $102.60 and a 52 week high of $145.60. The company has a market cap of $18.77 billion, a PE ratio of 30.48 and a beta of 1.16. The company’s 50 day moving average is $132.98 and its two-hundred day moving average is $137.58.

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.