Beam Wealth Advisors Inc. Has $2.45 Million Stock Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Beam Wealth Advisors Inc. reduced its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 2.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,176 shares of the company’s stock after selling 558 shares during the period. Beam Wealth Advisors Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,447,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Eubel Brady & Suttman Asset Management Inc. bought a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at about $221,000. Brookstone Capital Management increased its position in shares of iShares Russell Mid-Cap Growth ETF by 24.7% during the first quarter. Brookstone Capital Management now owns 15,332 shares of the company’s stock valued at $1,750,000 after purchasing an additional 3,035 shares during the period. Eudaimonia Partners LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 19.8% in the fourth quarter. Eudaimonia Partners LLC now owns 10,778 shares of the company’s stock valued at $1,126,000 after purchasing an additional 1,780 shares in the last quarter. Dominguez Wealth Management Solutions Inc. lifted its position in iShares Russell Mid-Cap Growth ETF by 2.2% in the first quarter. Dominguez Wealth Management Solutions Inc. now owns 14,173 shares of the company’s stock worth $1,618,000 after purchasing an additional 307 shares during the period. Finally, Hilltop Holdings Inc. increased its holdings in iShares Russell Mid-Cap Growth ETF by 230.8% in the 4th quarter. Hilltop Holdings Inc. now owns 26,387 shares of the company’s stock valued at $2,756,000 after buying an additional 18,410 shares during the period.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP opened at $109.84 on Tuesday. The company has a 50-day moving average of $110.82 and a 200-day moving average of $110.66. iShares Russell Mid-Cap Growth ETF has a 52 week low of $85.24 and a 52 week high of $115.43. The company has a market capitalization of $14.21 billion, a price-to-earnings 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).