Midwest Trust Co Purchases 4,297 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Midwest Trust Co lifted its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 2.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 159,564 shares of the company’s stock after purchasing an additional 4,297 shares during the quarter. Midwest Trust Co’s holdings in iShares Russell Mid-Cap Growth ETF were worth $20,443,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Richards Merrill & Peterson Inc. acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at $25,000. CNB Bank boosted its stake in iShares Russell Mid-Cap Growth ETF by 478.8% during the fourth quarter. CNB Bank now owns 191 shares of the company’s stock worth $26,000 after buying an additional 158 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth $27,000. Beaird Harris Wealth Management LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 125.0% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after buying an additional 110 shares during the period. Finally, Sfam LLC bought a new stake in iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at $28,000. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP stock traded down $1.36 during mid-day trading on Friday, reaching $142.55. The company’s stock had a trading volume of 1,183,172 shares, compared to its average volume of 934,354. The firm’s 50-day moving average is $140.50 and its two-hundred day moving average is $137.13. The company has a market cap of $20.90 billion, a P/E ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $146.64.

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). 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.