Washington Trust Bank Has $24.37 Million Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Washington Trust Bank trimmed its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.9% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 166,435 shares of the company’s stock after selling 8,605 shares during the quarter. iShares Russell Mid-Cap Growth ETF accounts for 1.7% of Washington Trust Bank’s holdings, making the stock its 14th biggest position. Washington Trust Bank owned approximately 0.12% of iShares Russell Mid-Cap Growth ETF worth $24,368,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of IWP. CNB Bank increased its position in shares of 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 acquiring an additional 158 shares in the last quarter. McIlrath & Eck LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 1st quarter valued at about $26,000. Hilton Head Capital Partners LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at about $27,000. Beaird Harris Wealth Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 125.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares in the last quarter. Finally, Sfam LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $28,000. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP opened at $140.91 on Friday. The company has a market cap of $20.28 billion, a PE ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $148.29. The stock has a 50-day simple moving average of $141.71 and a 200 day simple moving average of $137.72.

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.