Blue Trust Inc. Buys 944 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Blue Trust Inc. grew its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 55.6% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 2,641 shares of the company’s stock after purchasing an additional 944 shares during the period. Blue Trust Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $366,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Kingstone Capital Partners Texas LLC raised its position in iShares Russell Mid-Cap Growth ETF by 744,932.0% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 14,565,376 shares of the company’s stock valued at $2,019,926,000 after buying an additional 14,563,421 shares during the last quarter. Pacific Life Fund Advisors LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the first quarter worth about $89,345,000. BNP Paribas Financial Markets bought a new stake in iShares Russell Mid-Cap Growth ETF in the 1st quarter worth about $65,138,000. Truist Financial Corp grew its position in iShares Russell Mid-Cap Growth ETF by 77.7% in the 1st quarter. Truist Financial Corp now owns 1,260,419 shares of the company’s stock worth $148,087,000 after purchasing an additional 551,089 shares in the last quarter. Finally, Zions Bancorporation National Association UT bought a new stake in iShares Russell Mid-Cap Growth ETF in the 1st quarter worth about $59,221,000. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP stock opened at $142.16 on Tuesday. iShares Russell Mid-Cap Growth ETF has a 52-week low of $99.85 and a 52-week high of $145.50. The company has a 50-day simple moving average of $142.24 and a two-hundred day simple moving average of $134.05. The company has a market capitalization of $20.77 billion, a price-to-earnings ratio of 30.48 and a beta of 1.10.

iShares Russell Mid-Cap Growth ETF 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).