Parallel Advisors LLC Has $975,000 Stock Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Parallel Advisors LLC lifted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.9% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,838 shares of the company’s stock after buying an additional 164 shares during the period. Parallel Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $975,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Willner & Heller LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 0.9% during the 2nd quarter. Willner & Heller LLC now owns 10,888 shares of the company’s stock valued at $1,201,000 after purchasing an additional 94 shares during the last quarter. Biltmore Family Office LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 9.6% in the first quarter. Biltmore Family Office LLC now owns 1,096 shares of the company’s stock valued at $125,000 after acquiring an additional 96 shares during the last quarter. Carmichael Hill & Associates Inc. boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 30.7% in the 2nd quarter. Carmichael Hill & Associates Inc. now owns 413 shares of the company’s stock worth $46,000 after acquiring an additional 97 shares in the last quarter. Private Portfolio Partners LLC grew its position in iShares Russell Mid-Cap Growth ETF by 1.6% during the 1st quarter. Private Portfolio Partners LLC now owns 6,068 shares of the company’s stock worth $693,000 after acquiring an additional 98 shares during the last quarter. Finally, MONECO Advisors LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 1.1% during the 4th quarter. MONECO Advisors LLC now owns 9,184 shares of the company’s stock valued at $959,000 after purchasing an additional 102 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $114.65 on Tuesday. The stock has a fifty day moving average price of $111.00 and a two-hundred day moving average price of $110.72. The company has a market cap of $14.83 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 52-week low of $85.24 and a 52-week high of $115.43.

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).