Cambridge Investment Research Advisors Inc. Boosts Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Cambridge Investment Research Advisors Inc. lifted its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 14.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 150,452 shares of the company’s stock after purchasing an additional 18,987 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.11% of iShares Russell Mid-Cap Growth ETF worth $15,716,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the third quarter worth $106,831,000. Wellington Management Group LLP boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 509.1% in the 3rd quarter. Wellington Management Group LLP now owns 1,010,892 shares of the company’s stock valued at $92,345,000 after purchasing an additional 844,932 shares during the period. Pathstone Family Office LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 665.8% during the 3rd quarter. Pathstone Family Office LLC now owns 611,166 shares of the company’s stock worth $55,830,000 after buying an additional 531,356 shares during the last quarter. Comerica Bank acquired a new position in iShares Russell Mid-Cap Growth ETF during the third quarter worth approximately $24,128,000. Finally, Morgan Stanley increased its position in iShares Russell Mid-Cap Growth ETF by 2.2% during the third quarter. Morgan Stanley now owns 10,917,711 shares of the company’s stock worth $997,333,000 after buying an additional 237,006 shares during the period.

iShares Russell Mid-Cap Growth ETF Trading Up 1.0 %

IWP stock opened at $111.09 on Friday. The company has a market capitalization of $14.37 billion, a P/E ratio of 29.60 and a beta of 1.15. The business has a 50 day simple moving average of $110.65 and a 200-day simple moving average of $106.16. iShares Russell Mid-Cap Growth ETF has a twelve month low of $85.24 and a twelve month high of $114.60.

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).