Strategic Financial Concepts LLC Purchases 717,981 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Strategic Financial Concepts LLC lifted its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 12,202.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 723,865 shares of the company’s stock after purchasing an additional 717,981 shares during the period. Strategic Financial Concepts LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $91,750,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of IWP. Leo Wealth LLC acquired a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth approximately $214,000. Elm3 Financial Group LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth approximately $327,000. Financial Advocates Investment Management increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 98.9% during the 4th quarter. Financial Advocates Investment Management now owns 3,879 shares of the company’s stock worth $492,000 after acquiring an additional 1,929 shares during the last quarter. Bleakley Financial Group LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 1.0% during the 4th quarter. Bleakley Financial Group LLC now owns 24,884 shares of the company’s stock valued at $3,154,000 after purchasing an additional 257 shares during the last quarter. Finally, Robertson Stephens Wealth Management LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 2.1% during the fourth quarter. Robertson Stephens Wealth Management LLC now owns 27,982 shares of the company’s stock worth $3,547,000 after purchasing an additional 582 shares during the period.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA:IWP opened at $137.85 on Friday. The company has a market cap of $17.83 billion, a P/E ratio of 29.60 and a beta of 1.15. The firm’s fifty day moving average price is $132.27 and its two-hundred day moving average price is $122.64. iShares Russell Mid-Cap Growth ETF has a one year low of $101.12 and a one year high of $138.84.

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).