iShares Russell Mid-Cap Growth ETF $IWP Shares Bought by Advisors Capital Management LLC

Advisors Capital Management LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 29.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 47,996 shares of the company’s stock after buying an additional 10,950 shares during the period. Advisors Capital Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $6,573,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. First Citizens Bank & Trust Co. boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 14.2% in the third quarter. First Citizens Bank & Trust Co. now owns 1,697,745 shares of the company’s stock valued at $241,776,000 after acquiring an additional 211,174 shares during the period. First Horizon Corp purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the third quarter worth approximately $6,143,000. Allspring Global Investments Holdings LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 207.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 10,610 shares of the company’s stock valued at $1,506,000 after acquiring an additional 7,154 shares during the period. American Wealth Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at $1,954,000. Finally, Mechanics Bank Trust Department raised its position in iShares Russell Mid-Cap Growth ETF by 11.3% in the 3rd quarter. Mechanics Bank Trust Department now owns 135,359 shares of the company’s stock valued at $19,276,000 after purchasing an additional 13,692 shares during the last quarter. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA:IWP opened at $136.11 on Monday. The firm has a fifty day moving average price of $132.89 and a 200 day moving average price of $136.83. The stock has a market cap of $19.53 billion, a P/E ratio of 30.48 and a beta of 1.17. iShares Russell Mid-Cap Growth ETF has a 1-year low of $117.81 and a 1-year high of $145.60.

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). 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.