Compound Planning Inc. Boosts Stake in iShares Russell Mid-Cap Growth ETF $IWP

Compound Planning Inc. grew its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 247.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,010 shares of the company’s stock after acquiring an additional 8,553 shares during the quarter. Compound Planning Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,539,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Concurrent Investment Advisors LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 29.8% during the fourth quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock worth $2,246,000 after buying an additional 3,769 shares during the period. AE Wealth Management LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 6.7% in the 4th quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock valued at $13,039,000 after acquiring an additional 5,971 shares during the period. BCS Wealth Management purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at $2,216,000. Krilogy Financial LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 5.7% in the 4th quarter. Krilogy Financial LLC now owns 282,178 shares of the company’s stock valued at $39,401,000 after acquiring an additional 15,331 shares during the period. Finally, Kelsey Financial LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at $3,940,000. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Down 1.2%

Shares of NYSEARCA IWP opened at $136.73 on Friday. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $146.64. The company has a market cap of $19.78 billion, a P/E ratio of 30.48 and a beta of 1.12. The stock has a fifty day moving average price of $140.84 and a 200 day moving average price of $137.14.

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). 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.