Stephens Inc. AR Has $58.90 Million Stock Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Stephens Inc. AR increased its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.3% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 502,160 shares of the company’s stock after acquiring an additional 1,475 shares during the quarter. iShares Russell Mid-Cap Growth ETF comprises about 0.8% of Stephens Inc. AR’s holdings, making the stock its 18th largest position. Stephens Inc. AR’s holdings in iShares Russell Mid-Cap Growth ETF were worth $58,898,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Envestnet Asset Management Inc. boosted its position in iShares Russell Mid-Cap Growth ETF by 2.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,243,857 shares of the company’s stock worth $247,610,000 after buying an additional 57,491 shares during the period. Cassaday & Co Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 1.6% in the 2nd quarter. Cassaday & Co Wealth Management LLC now owns 2,086,822 shares of the company’s stock worth $230,281,000 after purchasing an additional 31,922 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 2.2% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 1,543,573 shares of the company’s stock worth $170,333,000 after purchasing an additional 32,942 shares during the period. US Bancorp DE lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 0.4% in the 1st quarter. US Bancorp DE now owns 1,534,216 shares of the company’s stock worth $175,116,000 after purchasing an additional 6,034 shares during the period. Finally, First Citizens Bank & Trust Co. lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 1.8% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 1,431,399 shares of the company’s stock worth $157,955,000 after purchasing an additional 24,647 shares during the period.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA IWP opened at $119.31 on Friday. The company has a market capitalization of $15.43 billion, a P/E ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 52-week low of $85.73 and a 52-week high of $122.39. The company’s 50 day moving average price is $116.67 and its 200-day moving average price is $112.25.

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).