Summit Wealth Partners LLC Buys 811 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Summit Wealth Partners LLC lifted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 8.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,713 shares of the company’s stock after acquiring an additional 811 shares during the period. Summit Wealth Partners LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,182,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. GLOBALT Investments LLC GA purchased a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at approximately $96,179,000. Strategic Financial Concepts LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 10,532.1% during the 2nd quarter. Strategic Financial Concepts LLC now owns 638,244 shares of the company’s stock worth $704,000 after buying an additional 632,241 shares during the last quarter. BNP Paribas Financial Markets increased its position in iShares Russell Mid-Cap Growth ETF by 1,833,974.1% during the 1st quarter. BNP Paribas Financial Markets now owns 495,200 shares of the company’s stock valued at $56,522,000 after buying an additional 495,173 shares in the last quarter. Congress Asset Management Co. MA raised its stake in iShares Russell Mid-Cap Growth ETF by 124.2% in the fourth quarter. Congress Asset Management Co. MA now owns 588,875 shares of the company’s stock valued at $61,514,000 after buying an additional 326,178 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in iShares Russell Mid-Cap Growth ETF by 442.4% in the first quarter. Cetera Investment Advisers now owns 391,146 shares of the company’s stock valued at $44,645,000 after buying an additional 319,037 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP stock opened at $116.41 on Wednesday. The firm has a market capitalization of $15.06 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. The stock’s 50-day simple moving average is $111.96 and its 200-day simple moving average is $111.07. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $85.24 and a fifty-two week high of $118.04.

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).