L. Roy Papp & Associates LLP Acquires 501 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

L. Roy Papp & Associates LLP increased its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 11.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 4,939 shares of the company’s stock after purchasing an additional 501 shares during the period. L. Roy Papp & Associates LLP’s holdings in iShares Russell Mid-Cap Growth ETF were worth $626,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Private Trust Co. NA grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.4% in the third quarter. Private Trust Co. NA now owns 11,401 shares of the company’s stock worth $1,337,000 after acquiring an additional 265 shares during the period. Janney Montgomery Scott LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter worth approximately $9,251,000. Global Retirement Partners LLC grew its position in iShares Russell Mid-Cap Growth ETF by 1.1% in the 3rd quarter. Global Retirement Partners LLC now owns 14,469 shares of the company’s stock worth $1,697,000 after purchasing an additional 160 shares during the period. Northwest Investment Counselors LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the 3rd quarter valued at $93,000. Finally, Kingsview Wealth Management LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 5.9% during the 4th quarter. Kingsview Wealth Management LLC now owns 45,937 shares of the company’s stock valued at $5,822,000 after buying an additional 2,544 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Price Performance

IWP stock opened at $137.37 on Wednesday. iShares Russell Mid-Cap Growth ETF has a 1 year low of $101.12 and a 1 year high of $139.25. The company has a market cap of $17.77 billion, a P/E ratio of 29.60 and a beta of 1.15. The stock’s fifty day moving average price is $132.44 and its 200-day moving average price is $123.30.

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).