Cadent Capital Advisors LLC Invests $1.09 Million in iShares Russell Mid-Cap Growth ETF $IWP

Cadent Capital Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 7,972 shares of the company’s stock, valued at approximately $1,092,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Revolve Wealth Partners LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock valued at $934,000 after acquiring an additional 182 shares during the period. AQR Capital Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 59.9% in the 1st quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock worth $337,000 after acquiring an additional 1,074 shares during the last quarter. RiverFront Investment Group LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter worth approximately $204,000. Laurel Wealth Advisors LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 13,768.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 30,787 shares of the company’s stock valued at $4,270,000 after purchasing an additional 30,565 shares during the last quarter. Finally, Quadrant Capital Group LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 31.8% in the 2nd quarter. Quadrant Capital Group LLC now owns 4,314 shares of the company’s stock valued at $598,000 after purchasing an additional 1,040 shares during the last quarter. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Down 2.2%

Shares of NYSEARCA IWP opened at $127.81 on Friday. The business’s 50 day moving average is $134.93 and its two-hundred day moving average is $138.58. iShares Russell Mid-Cap Growth ETF has a 52-week low of $99.85 and a 52-week high of $145.60. The firm has a market cap of $18.75 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15.

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.