Field & Main Bank Invests $8.18 Million in iShares Russell Mid-Cap Growth ETF $IWP

Field & Main Bank purchased a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 55,869 shares of the company’s stock, valued at approximately $8,180,000. iShares Russell Mid-Cap Growth ETF accounts for about 1.3% of Field & Main Bank’s investment portfolio, making the stock its 21st biggest holding.

Other institutional investors have also recently bought and sold shares of the company. Ameriflex Group Inc. lifted its position in iShares Russell Mid-Cap Growth ETF by 14.3% in the 4th quarter. Ameriflex Group Inc. now owns 606 shares of the company’s stock valued at $83,000 after acquiring an additional 76 shares in the last quarter. Orin Green Financial LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 0.9% during the 1st quarter. Orin Green Financial LLC now owns 8,767 shares of the company’s stock worth $1,123,000 after purchasing an additional 80 shares in the last quarter. Moneco Advisors LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 1.0% in the fourth quarter. Moneco Advisors LLC now owns 8,562 shares of the company’s stock worth $1,172,000 after purchasing an additional 85 shares during the last quarter. BlueChip Wealth Advisors LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.4% in the first quarter. BlueChip Wealth Advisors LLC now owns 3,812 shares of the company’s stock worth $488,000 after purchasing an additional 88 shares during the last quarter. Finally, Pacific Sun Financial Corp lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 3.9% in the fourth quarter. Pacific Sun Financial Corp now owns 2,418 shares of the company’s stock valued at $331,000 after purchasing an additional 90 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Down 1.7%

Shares of NYSEARCA:IWP opened at $140.91 on Friday. The stock has a market cap of $20.28 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $148.29. The business’s 50 day moving average is $141.71 and its 200 day moving average is $137.72.

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.