Orion Portfolio Solutions LLC Increases Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Orion Portfolio Solutions LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 5.1% in the fourth quarter, HoldingsChannel reports. The firm owned 281,200 shares of the company’s stock after buying an additional 13,702 shares during the period. Orion Portfolio Solutions LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $35,642,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Janney Montgomery Scott LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at about $9,251,000. Allspring Global Investments Holdings LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 42.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 24,014 shares of the company’s stock valued at $3,065,000 after acquiring an additional 7,103 shares in the last quarter. Kingsview Wealth Management LLC grew its holdings in iShares Russell Mid-Cap Growth ETF by 5.9% in the fourth quarter. Kingsview Wealth Management LLC now owns 45,937 shares of the company’s stock worth $5,822,000 after purchasing an additional 2,544 shares during the last quarter. RFG Advisory LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter worth $468,000. Finally, Bank of Montreal Can lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.0% during the 3rd quarter. Bank of Montreal Can now owns 153,113 shares of the company’s stock valued at $17,951,000 after purchasing an additional 3,026 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP stock opened at $120.24 on Friday. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $101.12 and a fifty-two week high of $139.68. The firm has a market capitalization of $16.88 billion, a price-to-earnings ratio of 29.68 and a beta of 1.16. The stock’s 50-day simple moving average is $129.22 and its 200-day simple moving average is $126.70.

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).