Independent Advisor Alliance Takes $2.20 Million Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Independent Advisor Alliance acquired a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the fourth quarter, Holdings Channel.com reports. The fund acquired 17,373 shares of the company’s stock, valued at approximately $2,202,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ameliora Wealth Management Ltd. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at approximately $25,000. BankPlus Trust Department purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at approximately $26,000. PrairieView Partners LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 80.0% in the fourth quarter. PrairieView Partners LLC now owns 225 shares of the company’s stock valued at $28,000 after acquiring an additional 100 shares during the last quarter. Insight Inv LLC purchased a new position in iShares Russell Mid-Cap Growth ETF in the fourth quarter worth approximately $38,000. Finally, Ashton Thomas Securities LLC grew its position in iShares Russell Mid-Cap Growth ETF by 251.1% in the third quarter. Ashton Thomas Securities LLC now owns 330 shares of the company’s stock worth $39,000 after acquiring an additional 236 shares during the period.

iShares Russell Mid-Cap Growth ETF Stock Down 2.4 %

NYSEARCA:IWP opened at $114.90 on Friday. iShares Russell Mid-Cap Growth ETF has a 52 week low of $101.12 and a 52 week high of $139.68. The stock’s fifty day moving average is $130.79 and its two-hundred day moving average is $126.07. The company has a market capitalization of $15.76 billion, a P/E ratio of 28.98 and a beta of 1.16.

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).