Concurrent Investment Advisors LLC Increases Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Concurrent Investment Advisors LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 29.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,403 shares of the company’s stock after buying an additional 3,769 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,246,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. First Citizens Bank & Trust Co. lifted its position in iShares Russell Mid-Cap Growth ETF by 14.2% during 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 buying an additional 211,174 shares during the period. First Horizon Corp purchased a new position in iShares Russell Mid-Cap Growth ETF during the third quarter valued at $6,143,000. Allspring Global Investments Holdings LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 207.0% during the third quarter. Allspring Global Investments Holdings LLC now owns 10,610 shares of the company’s stock valued at $1,506,000 after buying an additional 7,154 shares during the period. American Wealth Advisors LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the third quarter valued at $1,954,000. Finally, Mechanics Bank Trust Department lifted its position in iShares Russell Mid-Cap Growth ETF by 11.3% during the third quarter. Mechanics Bank Trust Department now owns 135,359 shares of the company’s stock valued at $19,276,000 after buying an additional 13,692 shares during the period. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 1.4%

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $134.06 on Wednesday. The firm has a market capitalization of $19.23 billion, a P/E ratio of 30.48 and a beta of 1.17. The business has a fifty day simple moving average of $132.90 and a two-hundred day simple moving average of $136.74. iShares Russell Mid-Cap Growth ETF has a 12 month low of $117.81 and a 12 month 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.