1ST Source Bank cut its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 38.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,184 shares of the company’s stock after selling 5,125 shares during the quarter. 1ST Source Bank’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,049,000 at the end of the most recent quarter.
A number of other large investors have also bought and sold shares of the stock. Richards Merrill & Peterson Inc. bought a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at $25,000. CNB Bank boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 478.8% during the 4th quarter. CNB Bank now owns 191 shares of the company’s stock worth $26,000 after purchasing an additional 158 shares in the last quarter. Beaird Harris Wealth Management LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 125.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares in the last quarter. 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. Finally, Imprint Wealth LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at about $29,000. 74.49% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell Mid-Cap Growth ETF Price Performance
Shares of iShares Russell Mid-Cap Growth ETF stock opened at $140.33 on Thursday. The business has a 50-day simple moving average of $140.70 and a 200 day simple moving average of $137.13. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $146.64. The firm has a market capitalization of $20.57 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12.
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.
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