AE Wealth Management LLC Purchases 5,971 Shares of iShares Russell Mid-Cap Growth ETF $IWP

AE Wealth Management LLC increased its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 6.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,214 shares of the company’s stock after purchasing an additional 5,971 shares during the period. AE Wealth Management LLC owned approximately 0.06% of iShares Russell Mid-Cap Growth ETF worth $13,039,000 at the end of the most recent quarter.

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

iShares Russell Mid-Cap Growth ETF Trading Up 2.0%

Shares of NYSEARCA:IWP opened at $137.75 on Friday. The stock’s fifty day simple moving average is $132.74 and its two-hundred day simple moving average is $137.10. iShares Russell Mid-Cap Growth ETF has a 1-year low of $108.68 and a 1-year high of $145.60. The stock has a market cap of $19.74 billion, a PE ratio of 30.48 and a beta of 1.17.

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.