Rialto Wealth Management LLC Purchases New Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Rialto Wealth Management LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,228 shares of the company’s stock, valued at approximately $156,000.

Other hedge funds also recently made changes to their positions in the company. Private Trust Co. NA increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.4% in the 3rd quarter. Private Trust Co. NA now owns 11,401 shares of the company’s stock valued at $1,337,000 after acquiring an additional 265 shares during the period. Janney Montgomery Scott LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the 4th quarter worth $9,251,000. Allspring Global Investments Holdings LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 42.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 24,014 shares of the company’s stock valued at $3,065,000 after purchasing an additional 7,103 shares during the period. Kingsview Wealth Management LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 5.9% in the fourth quarter. Kingsview Wealth Management LLC now owns 45,937 shares of the company’s stock valued at $5,822,000 after buying an additional 2,544 shares during the last quarter. Finally, RFG Advisory LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $468,000.

iShares Russell Mid-Cap Growth ETF Stock Up 0.9 %

NYSEARCA IWP opened at $121.54 on Friday. The business’s 50-day moving average price is $131.64 and its 200 day moving average price is $126.08. The firm has a market cap of $16.68 billion, a P/E ratio of 28.98 and a beta of 1.16. iShares Russell Mid-Cap Growth ETF has a 52-week low of $101.12 and a 52-week high of $139.68.

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).