iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Stake Raised by Brinker Capital Inc.

Brinker Capital Inc. grew its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 16.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 177,150 shares of the company’s stock after purchasing an additional 24,786 shares during the quarter. iShares Russell Mid-Cap Growth ETF accounts for 0.8% of Brinker Capital Inc.’s investment portfolio, making the stock its 15th biggest position. Brinker Capital Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $27,030,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Provident Wealth Management LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth about $31,000. Reilly Financial Advisors LLC grew its position in iShares Russell Mid-Cap Growth ETF by 107.0% in the 4th quarter. Reilly Financial Advisors LLC now owns 207 shares of the company’s stock valued at $32,000 after acquiring an additional 107 shares during the last quarter. TI Trust Inc. bought a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at $34,000. Stonebridge Financial Planning Group LLC bought a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at $37,000. Finally, Glassman Wealth Services lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 4,940.0% in the 4th quarter. Glassman Wealth Services now owns 252 shares of the company’s stock worth $38,000 after buying an additional 247 shares during the period.

Shares of IWP stock traded up $4.01 during mid-day trading on Thursday, hitting $122.37. The stock had a trading volume of 1,208 shares, compared to its average volume of 513,655. iShares Russell Mid-Cap Growth ETF has a 12-month low of $101.93 and a 12-month high of $163.69. The firm’s 50-day moving average is $142.95 and its two-hundred day moving average is $147.05.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Thursday, March 26th will be issued a $0.211 dividend. This represents a $0.84 annualized dividend and a dividend yield of 0.69%. The ex-dividend date of this dividend is Wednesday, March 25th.

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).

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Institutional Ownership by Quarter for iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

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