Decker Wealth Management LLC Takes Position in iShares Russell Mid-Cap Growth ETF $IWP

Decker Wealth Management LLC bought a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,452 shares of the company’s stock, valued at approximately $699,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Concurrent Investment Advisors LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 29.8% in the 4th quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock worth $2,246,000 after purchasing an additional 3,769 shares during the last quarter. AE Wealth Management LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 6.7% during the 4th quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock valued at $13,039,000 after purchasing an additional 5,971 shares during the last quarter. BCS Wealth Management bought a new position in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at about $2,216,000. Krilogy Financial LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 5.7% during the 4th quarter. Krilogy Financial LLC now owns 282,178 shares of the company’s stock valued at $39,401,000 after purchasing an additional 15,331 shares during the last quarter. Finally, Congress Asset Management Co. boosted its position in iShares Russell Mid-Cap Growth ETF by 118.3% in the fourth quarter. Congress Asset Management Co. now owns 458,580 shares of the company’s stock valued at $62,798,000 after buying an additional 248,474 shares in the last quarter. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $137.59 on Monday. The stock has a market capitalization of $20.16 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $146.64. The firm’s 50-day moving average price is $140.70 and its two-hundred day moving average price is $137.11.

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.