Merit Financial Group LLC Buys 18,802 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Merit Financial Group LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 950.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,781 shares of the company’s stock after buying an additional 18,802 shares during the period. Merit Financial Group LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,634,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wealthcare Advisory Partners LLC increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 4.4% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 9,657 shares of the company’s stock valued at $1,224,000 after purchasing an additional 403 shares in the last quarter. KMG Fiduciary Partners LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 2.3% in the fourth quarter. KMG Fiduciary Partners LLC now owns 57,623 shares of the company’s stock valued at $7,304,000 after purchasing an additional 1,309 shares during the last quarter. Decker Retirement Planning Inc. acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at approximately $192,000. Certified Advisory Corp raised its holdings in iShares Russell Mid-Cap Growth ETF by 18.0% in the fourth quarter. Certified Advisory Corp now owns 17,044 shares of the company’s stock worth $2,160,000 after purchasing an additional 2,602 shares during the period. Finally, Tallon Kerry Patrick acquired a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter worth $1,873,000.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $132.30 on Monday. The firm has a market cap of $17.11 billion, a P/E ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a twelve month low of $101.12 and a twelve month high of $138.84. The firm’s 50 day moving average price is $131.43 and its two-hundred day moving average price is $120.61.

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).