Pointe Capital Management LLC Raises Stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Pointe Capital Management LLC raised its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 113.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,075 shares of the company’s stock after purchasing an additional 4,830 shares during the quarter. Pointe Capital Management LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $948,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. ORG Partners LLC increased its position in iShares Russell Mid-Cap Growth ETF by 73.4% in the 4th quarter. ORG Partners LLC now owns 274 shares of the company’s stock valued at $29,000 after acquiring an additional 116 shares during the period. Life Planning Partners Inc acquired a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter worth approximately $30,000. Authentikos Wealth Advisory LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at approximately $29,000. BluePath Capital Management LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the third quarter valued at approximately $32,000. Finally, AlphaMark Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter worth approximately $49,000.

iShares Russell Mid-Cap Growth ETF Stock Up 0.5 %

Shares of NYSEARCA IWP traded up $0.58 during mid-day trading on Friday, hitting $108.75. 802,402 shares of the company were exchanged, compared to its average volume of 816,323. The stock has a 50 day simple moving average of $110.97 and a 200-day simple moving average of $103.61. iShares Russell Mid-Cap Growth ETF has a 1-year low of $85.24 and a 1-year high of $114.60. The firm has a market cap of $14.73 billion, a price-to-earnings ratio of 29.10 and a beta of 1.14.

iShares Russell Mid-Cap Growth ETF 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).