iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Reaches New 1-Year High – Here’s What Happened

Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) hit a new 52-week high during trading on Wednesday . The stock traded as high as $132.37 and last traded at $132.26, with a volume of 56760 shares trading hands. The stock had previously closed at $131.20.

iShares Russell Mid-Cap Growth ETF Trading Up 0.6 %

The company has a 50 day moving average of $118.74 and a 200 day moving average of $113.36. The firm has a market cap of $17.07 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15.

Institutional Investors Weigh In On iShares Russell Mid-Cap Growth ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Pinnacle Bancorp Inc. increased its holdings in iShares Russell Mid-Cap Growth ETF by 13.2% in the third quarter. Pinnacle Bancorp Inc. now owns 773 shares of the company’s stock valued at $91,000 after purchasing an additional 90 shares during the last quarter. Hazlett Burt & Watson Inc. increased its holdings in iShares Russell Mid-Cap Growth ETF by 3.9% in the third quarter. Hazlett Burt & Watson Inc. now owns 2,479 shares of the company’s stock valued at $292,000 after purchasing an additional 92 shares during the last quarter. Willner & Heller LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 0.9% in the second quarter. Willner & Heller LLC now owns 10,888 shares of the company’s stock valued at $1,201,000 after purchasing an additional 94 shares during the last quarter. Biltmore Family Office LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 9.6% in the first quarter. Biltmore Family Office LLC now owns 1,096 shares of the company’s stock valued at $125,000 after purchasing an additional 96 shares during the last quarter. Finally, Carmichael Hill & Associates Inc. increased its holdings in iShares Russell Mid-Cap Growth ETF by 30.7% in the second quarter. Carmichael Hill & Associates Inc. now owns 413 shares of the company’s stock valued at $46,000 after purchasing an additional 97 shares during the last quarter.

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).