NewEdge Advisors LLC Has $8.45 Million Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

NewEdge Advisors LLC increased its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 11.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,660 shares of the company’s stock after buying an additional 6,842 shares during the period. NewEdge Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $8,449,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in IWP. Wells Fargo & Company MN raised its holdings in iShares Russell Mid-Cap Growth ETF by 4.2% in the 4th quarter. Wells Fargo & Company MN now owns 5,212,818 shares of the company’s stock valued at $660,725,000 after acquiring an additional 212,267 shares in the last quarter. Jones Financial Companies Lllp increased its position in shares of iShares Russell Mid-Cap Growth ETF by 3.0% in the fourth quarter. Jones Financial Companies Lllp now owns 4,537,638 shares of the company’s stock worth $575,146,000 after purchasing an additional 133,265 shares during the period. PNC Financial Services Group Inc. lifted its position in iShares Russell Mid-Cap Growth ETF by 1.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,687,537 shares of the company’s stock worth $340,645,000 after purchasing an additional 29,499 shares during the period. LPL Financial LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 18.8% during the fourth quarter. LPL Financial LLC now owns 2,154,407 shares of the company’s stock worth $273,096,000 after buying an additional 340,267 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 0.3% in the 4th quarter. Cassaday & Co Wealth Management LLC now owns 2,139,686 shares of the company’s stock valued at $271,205,000 after buying an additional 5,536 shares during the period.

iShares Russell Mid-Cap Growth ETF Trading Up 0.7 %

Shares of NYSEARCA:IWP opened at $113.32 on Friday. The firm has a 50 day moving average of $121.54 and a 200-day moving average of $126.36. iShares Russell Mid-Cap Growth ETF has a 12 month low of $99.85 and a 12 month high of $139.68. The stock has a market capitalization of $16.09 billion, a PE ratio of 27.36 and a beta of 1.16.

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).