First Command Advisory Services Inc. Acquires 3,550,122 Shares of iShares Russell Mid-Cap Growth ETF $IWP

First Command Advisory Services Inc. boosted its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 80,392.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,554,538 shares of the company’s stock after acquiring an additional 3,550,122 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for 3.7% of First Command Advisory Services Inc.’s holdings, making the stock its 6th biggest position. First Command Advisory Services Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $506,202,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in IWP. Arcadia Investment Management Corp MI increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 0.9% in the second quarter. Arcadia Investment Management Corp MI now owns 8,425 shares of the company’s stock valued at $1,168,000 after purchasing an additional 75 shares during the last quarter. PFG Investments LLC boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.8% during the 3rd quarter. PFG Investments LLC now owns 2,914 shares of the company’s stock worth $415,000 after buying an additional 80 shares during the period. Belpointe Asset Management LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 0.8% in the 2nd quarter. Belpointe Asset Management LLC now owns 10,613 shares of the company’s stock valued at $1,472,000 after buying an additional 82 shares during the last quarter. Consolidated Portfolio Review Corp grew its stake in iShares Russell Mid-Cap Growth ETF by 5.0% in the 2nd quarter. Consolidated Portfolio Review Corp now owns 1,882 shares of the company’s stock valued at $261,000 after buying an additional 89 shares during the last quarter. Finally, Freedom Investment Management Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 2.7% in the 2nd quarter. Freedom Investment Management Inc. now owns 3,617 shares of the company’s stock valued at $502,000 after acquiring an additional 94 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Up 0.0%

Shares of IWP stock opened at $139.63 on Tuesday. iShares Russell Mid-Cap Growth ETF has a 12-month low of $99.85 and a 12-month high of $145.60. The company has a market capitalization of $20.73 billion, a PE ratio of 30.48 and a beta of 1.15. The firm has a 50 day moving average price of $138.74 and a two-hundred day moving average price of $140.56.

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.