Strategic Financial Concepts LLC Purchases New Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Strategic Financial Concepts LLC acquired a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 6,003 shares of the company’s stock, valued at approximately $685,000.

A number of other hedge funds have also made changes to their positions in IWP. TIAA Trust National Association purchased a new stake in iShares Russell Mid-Cap Growth ETF during the 3rd quarter valued at about $1,012,701,000. Morgan Stanley grew its position in shares of iShares Russell Mid-Cap Growth ETF by 2.2% in the third quarter. Morgan Stanley now owns 10,917,711 shares of the company’s stock valued at $997,333,000 after purchasing an additional 237,006 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.4% in the fourth quarter. Jones Financial Companies Lllp now owns 3,918,325 shares of the company’s stock valued at $409,308,000 after purchasing an additional 92,345 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 2.3% during the fourth quarter. Commonwealth Equity Services LLC now owns 2,871,614 shares of the company’s stock worth $299,969,000 after buying an additional 63,473 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in iShares Russell Mid-Cap Growth ETF by 9.1% during the third quarter. Ameriprise Financial Inc. now owns 2,698,919 shares of the company’s stock worth $246,644,000 after buying an additional 225,697 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Trading Down 1.9 %

NYSEARCA:IWP traded down $2.03 during trading hours on Tuesday, hitting $107.44. The company had a trading volume of 497,292 shares, compared to its average volume of 811,212. iShares Russell Mid-Cap Growth ETF has a 1 year low of $85.24 and a 1 year high of $114.60. The company has a 50-day moving average of $111.01 and a 200 day moving average of $103.55. The company has a market cap of $14.55 billion, a P/E ratio of 29.10 and a beta of 1.14.

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).