Choate Investment Advisors Takes $984,000 Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Choate Investment Advisors purchased a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the fourth quarter, Holdings Channel reports. The fund purchased 7,760 shares of the company’s stock, valued at approximately $984,000.

A number of other hedge funds also recently bought and sold shares of IWP. Passumpsic Savings Bank lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 0.6% during the 4th quarter. Passumpsic Savings Bank now owns 12,142 shares of the company’s stock valued at $1,539,000 after buying an additional 76 shares in the last quarter. HB Wealth Management LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 1.3% during the fourth quarter. HB Wealth Management LLC now owns 5,849 shares of the company’s stock valued at $741,000 after purchasing an additional 77 shares in the last quarter. Middleton & Co. Inc. MA grew its position in shares of iShares Russell Mid-Cap Growth ETF by 2.1% in the fourth quarter. Middleton & Co. Inc. MA now owns 3,819 shares of the company’s stock valued at $484,000 after purchasing an additional 77 shares during the period. Joseph P. Lucia & Associates LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.5% during the fourth quarter. Joseph P. Lucia & Associates LLC now owns 3,514 shares of the company’s stock worth $445,000 after purchasing an additional 85 shares in the last quarter. Finally, RPg Family Wealth Advisory LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 3.4% during the 3rd quarter. RPg Family Wealth Advisory LLC now owns 2,792 shares of the company’s stock worth $327,000 after purchasing an additional 93 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Trading Up 3.2 %

IWP stock opened at $118.60 on Monday. iShares Russell Mid-Cap Growth ETF has a 12-month low of $101.12 and a 12-month high of $139.68. The business’s 50-day moving average is $130.56 and its 200 day moving average is $126.29. The stock has a market cap of $16.27 billion, a price-to-earnings ratio of 28.98 and a beta of 1.16.

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).