Clearwave Capital LLC Buys Shares of 6,525 iShares Russell Mid-Cap Growth ETF $IWP

Clearwave Capital LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 6,525 shares of the company’s stock, valued at approximately $894,000.

Other institutional investors have also added to or reduced their stakes in the company. Investmark Advisory Group LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 1.4% during the fourth quarter. Investmark Advisory Group LLC now owns 5,395 shares of the company’s stock worth $739,000 after buying an additional 74 shares during the period. Ameriflex Group Inc. raised its position in iShares Russell Mid-Cap Growth ETF by 14.3% in the 4th quarter. Ameriflex Group Inc. now owns 606 shares of the company’s stock valued at $83,000 after buying an additional 76 shares during the last quarter. Willner & Heller LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 0.7% in the 4th quarter. Willner & Heller LLC now owns 11,602 shares of the company’s stock valued at $1,589,000 after acquiring an additional 82 shares in the last quarter. BCGM Wealth Management LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 3.2% in the 3rd quarter. BCGM Wealth Management LLC now owns 2,684 shares of the company’s stock valued at $382,000 after acquiring an additional 84 shares in the last quarter. Finally, Moneco Advisors LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 1.0% during the 4th quarter. Moneco Advisors LLC now owns 8,562 shares of the company’s stock worth $1,172,000 after acquiring an additional 85 shares during the last quarter. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP opened at $141.95 on Friday. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $145.60. The stock has a market capitalization of $20.39 billion, a P/E ratio of 30.48 and a beta of 1.13. The company has a 50 day moving average of $138.16 and a 200-day moving average of $136.69.

iShares Russell Mid-Cap Growth ETF Company 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.