Brookstone Capital Management Has $2.04 Million Stake in iShares Russell Mid-Cap Growth ETF $IWP

Brookstone Capital Management lowered its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 24.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,888 shares of the company’s stock after selling 4,882 shares during the period. Brookstone Capital Management’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,039,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in IWP. PFG Investments LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 2.8% in the third quarter. PFG Investments LLC now owns 2,914 shares of the company’s stock valued at $415,000 after buying an additional 80 shares in the last quarter. Breakwater Capital Group grew its position in iShares Russell Mid-Cap Growth ETF by 3.6% during the third quarter. Breakwater Capital Group now owns 2,375 shares of the company’s stock worth $338,000 after buying an additional 82 shares in the last quarter. Willner & Heller LLC grew its position in iShares Russell Mid-Cap Growth ETF by 0.7% during the fourth quarter. Willner & Heller LLC now owns 11,602 shares of the company’s stock worth $1,589,000 after buying an additional 82 shares in the last quarter. BCGM Wealth Management LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 3.2% during the 3rd quarter. BCGM Wealth Management LLC now owns 2,684 shares of the company’s stock worth $382,000 after acquiring an additional 84 shares during the period. Finally, Bedel Financial Consulting Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 1.2% in the 3rd quarter. Bedel Financial Consulting Inc. now owns 7,283 shares of the company’s stock valued at $1,037,000 after acquiring an additional 86 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA IWP opened at $129.19 on Friday. The business has a fifty day moving average price of $133.60 and a two-hundred day moving average price of $137.98. The stock has a market capitalization of $18.95 billion, a PE ratio of 30.48 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $145.60.

About iShares Russell Mid-Cap Growth ETF

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.