World Investment Advisors LLC Buys Shares of 2,998 iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

World Investment Advisors LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,998 shares of the company’s stock, valued at approximately $352,000.

A number of other hedge funds have also modified their holdings of IWP. Envestnet Asset Management Inc. lifted its stake in iShares Russell Mid-Cap Growth ETF by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 2,243,857 shares of the company’s stock worth $247,610,000 after purchasing an additional 57,491 shares in the last quarter. Cassaday & Co Wealth Management LLC lifted its stake in 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 acquiring an additional 47,328 shares in the last quarter. LPL Financial LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 11.1% during the 3rd quarter. LPL Financial LLC now owns 1,814,140 shares of the company’s stock valued at $212,780,000 after acquiring an additional 181,523 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in iShares Russell Mid-Cap Growth ETF by 6.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 871,432 shares of the company’s stock valued at $96,167,000 after acquiring an additional 54,729 shares in the last quarter. Finally, Strategic Financial Concepts LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 10,532.1% during the second quarter. Strategic Financial Concepts LLC now owns 638,244 shares of the company’s stock worth $704,000 after purchasing an additional 632,241 shares during the period.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $127.37 on Thursday. The company’s 50-day simple moving average is $128.32 and its 200-day simple moving average is $117.59. iShares Russell Mid-Cap Growth ETF has a 1 year low of $100.34 and a 1 year high of $138.84. The stock has a market capitalization of $16.48 billion, a PE ratio of 29.60 and a beta of 1.15.

About iShares Russell Mid-Cap Growth ETF

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).