iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $148.29 and last traded at $147.70, with a volume of 480089 shares. The stock had previously closed at $147.25.
iShares Russell Mid-Cap Growth ETF Trading Down 0.4%
The firm’s 50-day simple moving average is $141.61 and its 200 day simple moving average is $137.34. The stock has a market cap of $20.70 billion, a P/E ratio of 30.48 and a beta of 1.12.
Institutional Trading of iShares Russell Mid-Cap Growth ETF
Several institutional investors have recently modified their holdings of IWP. Richards Merrill & Peterson Inc. purchased a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at about $25,000. CNB Bank raised its position 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 valued at $26,000 after buying an additional 158 shares during the period. McIlrath & Eck LLC acquired a new position in iShares Russell Mid-Cap Growth ETF during the first quarter valued at $26,000. Hilton Head Capital Partners LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF in the 4th quarter worth about $27,000. Finally, Beaird Harris Wealth Management LLC lifted its stake 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 worth $28,000 after acquiring an additional 110 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.
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.
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