Ballew Advisors Inc Raises Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Ballew Advisors Inc increased its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,182 shares of the company’s stock after purchasing an additional 257 shares during the period. iShares Russell Mid-Cap Growth ETF makes up approximately 1.6% of Ballew Advisors Inc’s portfolio, making the stock its 12th largest position. Ballew Advisors Inc’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,561,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 2.3% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 2,134,150 shares of the company’s stock worth $250,314,000 after purchasing an additional 47,328 shares in the last quarter. LPL Financial LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 11.1% in the third quarter. LPL Financial LLC now owns 1,814,140 shares of the company’s stock valued at $212,780,000 after purchasing an additional 181,523 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in iShares Russell Mid-Cap Growth ETF by 6.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 871,432 shares of the company’s stock worth $96,167,000 after buying an additional 54,729 shares in the last quarter. Wellington Management Group LLP grew its position in iShares Russell Mid-Cap Growth ETF by 156.5% during the third quarter. Wellington Management Group LLP now owns 521,898 shares of the company’s stock worth $61,213,000 after buying an additional 318,410 shares during the period. Finally, Stephens Inc. AR increased its holdings in iShares Russell Mid-Cap Growth ETF by 0.3% in the third quarter. Stephens Inc. AR now owns 502,160 shares of the company’s stock valued at $58,898,000 after buying an additional 1,475 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA:IWP opened at $132.30 on Friday. The firm has a market capitalization of $17.11 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. The business’s 50 day simple moving average is $131.43 and its 200-day simple moving average is $120.55. iShares Russell Mid-Cap Growth ETF has a 12 month low of $101.12 and a 12 month high of $138.84.

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).