Avalon Capital Management Purchases New Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Avalon Capital Management bought a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 28,031 shares of the company’s stock, valued at approximately $3,553,000. iShares Russell Mid-Cap Growth ETF comprises approximately 1.1% of Avalon Capital Management’s investment portfolio, making the stock its 23rd biggest holding.

Several other institutional investors have also recently made changes to their positions in the company. Cassaday & Co Wealth Management LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 0.3% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 2,139,686 shares of the company’s stock worth $271,205,000 after buying an additional 5,536 shares during the last quarter. LPL Financial LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 11.1% in the 3rd quarter. LPL Financial LLC now owns 1,814,140 shares of the company’s stock worth $212,780,000 after acquiring an additional 181,523 shares during the last quarter. First Citizens Bank & Trust Co. raised its stake in iShares Russell Mid-Cap Growth ETF by 25.6% during the fourth quarter. First Citizens Bank & Trust Co. now owns 1,791,302 shares of the company’s stock worth $227,048,000 after purchasing an additional 365,602 shares during the period. Strategic Financial Concepts LLC grew its position in iShares Russell Mid-Cap Growth ETF by 12,202.3% in the fourth quarter. Strategic Financial Concepts LLC now owns 723,865 shares of the company’s stock worth $91,750,000 after acquiring an additional 717,981 shares during the period. Finally, Congress Asset Management Co. increased its position in shares of iShares Russell Mid-Cap Growth ETF by 86.8% during the 4th quarter. Congress Asset Management Co. now owns 687,453 shares of the company’s stock worth $87,135,000 after purchasing an additional 319,368 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Down 1.2 %

IWP opened at $128.86 on Tuesday. iShares Russell Mid-Cap Growth ETF has a 52 week low of $101.12 and a 52 week high of $139.68. The business has a fifty day simple moving average of $132.56 and a 200-day simple moving average of $125.30. The firm has a market cap of $17.81 billion, a P/E ratio of 35.02 and a beta of 1.14.

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).