Ameriprise Financial Inc. Purchases 26,261 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Ameriprise Financial Inc. grew its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,551,080 shares of the company’s stock after purchasing an additional 26,261 shares during the period. Ameriprise Financial Inc. owned about 1.75% of iShares Russell Mid-Cap Growth ETF worth $363,274,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Financial Gravity Companies Inc. purchased a new position in iShares Russell Mid-Cap Growth ETF in the second quarter worth $28,000. Beaird Harris Wealth Management LLC increased its position in shares of 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 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 during the 3rd quarter valued at $29,000. Abound Wealth Management raised its stake in shares of 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 worth $32,000 after purchasing an additional 154 shares during the period. Finally, Clean Yield Group bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth $33,000. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA:IWP opened at $131.37 on Tuesday. The company has a market capitalization of $19.27 billion, a P/E ratio of 30.48 and a beta of 1.15. The company’s 50-day moving average is $136.70 and its 200 day moving average is $139.22. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $145.60.

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.