Fortune Financial Advisors LLC Takes $220,000 Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Fortune Financial Advisors LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,737 shares of the company’s stock, valued at approximately $220,000.

Other hedge funds have also added to or reduced their stakes in the company. Cassaday & Co Wealth Management LLC raised its position in iShares Russell Mid-Cap Growth ETF by 2.3% during the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 2,134,150 shares of the company’s stock valued at $250,314,000 after purchasing an additional 47,328 shares in the last quarter. LPL Financial LLC raised its holdings in iShares Russell Mid-Cap Growth ETF by 11.1% in the third quarter. LPL Financial LLC now owns 1,814,140 shares of the company’s stock worth $212,780,000 after purchasing an additional 181,523 shares in the last quarter. First Citizens Bank & Trust Co. raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 25.6% during the 4th quarter. First Citizens Bank & Trust Co. now owns 1,791,302 shares of the company’s stock worth $227,048,000 after acquiring an additional 365,602 shares in the last quarter. Wellington Management Group LLP raised its stake in iShares Russell Mid-Cap Growth ETF by 156.5% in the third quarter. Wellington Management Group LLP now owns 521,898 shares of the company’s stock valued at $61,213,000 after buying an additional 318,410 shares during the last quarter. Finally, Stephens Inc. AR grew its position in iShares Russell Mid-Cap Growth ETF by 0.3% during the 3rd quarter. Stephens Inc. AR now owns 502,160 shares of the company’s stock worth $58,898,000 after purchasing an additional 1,475 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Up 1.2 %

Shares of NYSEARCA:IWP opened at $135.91 on Friday. The business has a 50-day moving average price of $132.16 and a 200-day moving average price of $121.84. The stock has a market cap of $17.58 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 52-week low of $101.12 and a 52-week high of $138.84.

iShares Russell Mid-Cap Growth ETF Company 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).