BLB&B Advisors LLC Grows Stake in iShares Russell Mid-Cap Growth ETF $IWP

BLB&B Advisors LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 67.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,216 shares of the company’s stock after purchasing an additional 4,512 shares during the period. BLB&B Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,536,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Jones Financial Companies Lllp increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 6.6% during the third quarter. Jones Financial Companies Lllp now owns 5,577,746 shares of the company’s stock valued at $794,992,000 after buying an additional 345,906 shares during the period. Envestnet Asset Management Inc. lifted its stake in iShares Russell Mid-Cap Growth ETF by 171.1% in the third quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock worth $768,640,000 after acquiring an additional 3,406,598 shares during the period. First Command Advisory Services Inc. lifted its stake in iShares Russell Mid-Cap Growth ETF by 80,392.3% in the third quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock worth $506,202,000 after acquiring an additional 3,550,122 shares during the period. Ameriprise Financial Inc. grew its holdings in iShares Russell Mid-Cap Growth ETF by 1.0% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,551,080 shares of the company’s stock worth $363,274,000 after acquiring an additional 26,261 shares in the last quarter. Finally, UBS Group AG increased its position in iShares Russell Mid-Cap Growth ETF by 1.4% during the 3rd quarter. UBS Group AG now owns 2,315,376 shares of the company’s stock valued at $329,733,000 after purchasing an additional 31,610 shares during the period. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP opened at $134.48 on Wednesday. iShares Russell Mid-Cap Growth ETF has a one year low of $108.68 and a one year high of $145.60. The firm has a market cap of $19.43 billion, a P/E ratio of 30.48 and a beta of 1.17. The firm has a 50-day simple moving average of $132.57 and a 200-day simple moving average of $137.20.

iShares Russell Mid-Cap Growth ETF Company 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). 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.