FLP Wealth Management LLC Acquires Shares of 10,396 iShares Russell Mid-Cap Growth ETF $IWP

FLP Wealth Management LLC bought a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,396 shares of the company’s stock, valued at approximately $1,480,000. iShares Russell Mid-Cap Growth ETF comprises about 1.5% of FLP Wealth Management LLC’s portfolio, making the stock its 12th largest position.

Several other large investors have also recently modified their holdings of IWP. Kingstone Capital Partners Texas LLC raised its holdings in iShares Russell Mid-Cap Growth ETF by 744,932.0% in the second quarter. Kingstone Capital Partners Texas LLC now owns 14,565,376 shares of the company’s stock worth $2,019,926,000 after buying an additional 14,563,421 shares during the last quarter. Jones Financial Companies Lllp lifted its position in iShares Russell Mid-Cap Growth ETF by 7.1% in the 1st quarter. Jones Financial Companies Lllp now owns 4,861,523 shares of the company’s stock valued at $571,855,000 after acquiring an additional 323,885 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in iShares Russell Mid-Cap Growth ETF by 1.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,524,819 shares of the company’s stock valued at $350,422,000 after purchasing an additional 26,620 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in iShares Russell Mid-Cap Growth ETF by 3.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,990,778 shares of the company’s stock valued at $276,081,000 after purchasing an additional 61,149 shares during the last quarter. Finally, US Bancorp DE increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 0.7% in the 2nd quarter. US Bancorp DE now owns 1,572,826 shares of the company’s stock worth $218,120,000 after purchasing an additional 11,655 shares in the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA:IWP opened at $139.83 on Thursday. iShares Russell Mid-Cap Growth ETF has a 1 year low of $99.85 and a 1 year high of $145.60. The company has a market cap of $20.44 billion, a P/E ratio of 30.48 and a beta of 1.15. The stock’s fifty day moving average price is $139.16 and its 200-day moving average price is $140.04.

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.