Kovack Advisors Inc. Has $219,000 Stock Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Kovack Advisors Inc. lowered its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 9.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 1,865 shares of the company’s stock after selling 193 shares during the period. Kovack Advisors Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $219,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the business. Envestnet Asset Management Inc. raised its position in shares of iShares Russell Mid-Cap Growth ETF by 2.6% in the second quarter. Envestnet Asset Management Inc. now owns 2,243,857 shares of the company’s stock valued at $247,610,000 after purchasing an additional 57,491 shares during the period. Cassaday & Co Wealth Management LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 1.6% during the second quarter. Cassaday & Co Wealth Management LLC now owns 2,086,822 shares of the company’s stock worth $230,281,000 after acquiring an additional 31,922 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,543,573 shares of the company’s stock worth $170,333,000 after acquiring an additional 32,942 shares during the period. First Citizens Bank & Trust Co. grew its position in shares of iShares Russell Mid-Cap Growth ETF by 1.8% in the second quarter. First Citizens Bank & Trust Co. now owns 1,431,399 shares of the company’s stock valued at $157,955,000 after purchasing an additional 24,647 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 6.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 871,432 shares of the company’s stock worth $96,167,000 after purchasing an additional 54,729 shares during the period.

iShares Russell Mid-Cap Growth ETF Trading Down 0.9 %

NYSEARCA:IWP opened at $127.95 on Friday. The stock has a 50 day simple moving average of $119.53 and a 200 day simple moving average of $113.59. The stock has a market cap of $16.55 billion, a P/E ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 1-year low of $93.74 and a 1-year high of $132.41.

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).