Foundations Investment Advisors LLC Buys 7,966 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Foundations Investment Advisors LLC increased its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 163.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,850 shares of the company’s stock after purchasing an additional 7,966 shares during the quarter. Foundations Investment Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,507,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of IWP. Envestnet Asset Management Inc. lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.6% during the second quarter. Envestnet Asset Management Inc. now owns 2,243,857 shares of the company’s stock valued at $247,610,000 after purchasing an additional 57,491 shares during the last quarter. Cassaday & Co Wealth Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.6% during the second quarter. Cassaday & Co Wealth Management LLC now owns 2,086,822 shares of the company’s stock valued at $230,281,000 after purchasing an additional 31,922 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.2% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 1,543,573 shares of the company’s stock valued at $170,333,000 after purchasing an additional 32,942 shares during the last quarter. US Bancorp DE lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 0.4% during the first quarter. US Bancorp DE now owns 1,534,216 shares of the company’s stock valued at $175,116,000 after purchasing an additional 6,034 shares during the last quarter. Finally, First Citizens Bank & Trust Co. lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.8% during the second quarter. First Citizens Bank & Trust Co. now owns 1,431,399 shares of the company’s stock valued at $157,955,000 after purchasing an additional 24,647 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

IWP stock opened at $119.79 on Thursday. The firm has a 50 day moving average price of $115.70 and a 200-day moving average price of $111.87. iShares Russell Mid-Cap Growth ETF has a 52-week low of $85.24 and a 52-week high of $122.38. The firm has a market capitalization of $15.49 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15.

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).