First Citizens Asset Management Inc. Buys 19,309 Shares of iShares Russell Mid-Cap Growth ETF $IWP

First Citizens Asset Management Inc. raised its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 24.7% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 97,372 shares of the company’s stock after buying an additional 19,309 shares during the quarter. iShares Russell Mid-Cap Growth ETF accounts for approximately 4.9% of First Citizens Asset Management Inc.’s holdings, making the stock its 7th biggest holding. First Citizens Asset Management Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $13,867,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Investment Partners LTD. raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 6.2% during the second quarter. Investment Partners LTD. now owns 40,415 shares of the company’s stock valued at $5,605,000 after purchasing an additional 2,371 shares in the last quarter. First Citizens Bank & Trust Co. increased its stake in iShares Russell Mid-Cap Growth ETF by 14.2% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 1,697,745 shares of the company’s stock valued at $241,776,000 after buying an additional 211,174 shares during the period. DAVENPORT & Co LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 35.0% during the 2nd quarter. DAVENPORT & Co LLC now owns 5,918 shares of the company’s stock valued at $821,000 after buying an additional 1,535 shares during the period. Atlantic Union Bankshares Corp raised its position in shares of iShares Russell Mid-Cap Growth ETF by 212.5% during the 2nd quarter. Atlantic Union Bankshares Corp now owns 19,361 shares of the company’s stock worth $2,685,000 after buying an additional 13,165 shares in the last quarter. Finally, Advyzon Investment Management LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 2nd quarter worth approximately $419,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

iShares Russell Mid-Cap Growth ETF stock opened at $136.15 on Tuesday. iShares Russell Mid-Cap Growth ETF has a 12-month low of $99.85 and a 12-month high of $145.60. The stock has a market capitalization of $20.15 billion, a PE ratio of 30.48 and a beta of 1.15. The firm has a 50 day simple moving average of $139.13 and a 200-day simple moving average of $140.53.

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). The Index measures the performance of the mid-capitalization growth sector of the United States equity market. It is a subset of the Russell Midcap Index and measures the performance of equity securities of Russell Midcap Index issuers with relatively higher price-to-book ratios and higher forecasted growth.