LPL Financial LLC Purchases 181,523 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

LPL Financial LLC lifted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 11.1% in the third quarter, Holdings Channel.com reports. The fund owned 1,814,140 shares of the company’s stock after purchasing an additional 181,523 shares during the period. LPL Financial LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $212,780,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in the stock. Adirondack Trust Co. increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 78.3% in the second quarter. Adirondack Trust Co. now owns 296 shares of the company’s stock worth $33,000 after buying an additional 130 shares during the period. Lynx Investment Advisory bought a new stake in iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at approximately $33,000. Ashton Thomas Securities LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 251.1% in the 3rd quarter. Ashton Thomas Securities LLC now owns 330 shares of the company’s stock worth $39,000 after purchasing an additional 236 shares in the last quarter. Centennial Bank AR boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 1,335.7% in the 2nd quarter. Centennial Bank AR now owns 402 shares of the company’s stock worth $44,000 after purchasing an additional 374 shares in the last quarter. Finally, Carmichael Hill & Associates Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 30.7% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 413 shares of the company’s stock worth $46,000 after acquiring an additional 97 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA:IWP opened at $132.29 on Friday. The business has a 50-day simple moving average of $121.46 and a two-hundred day simple moving average of $114.33. The firm has a market cap of $17.11 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $95.81 and a fifty-two week high of $132.74.

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).