First Citizens Bank & Trust Co. Has $227.05 Million Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

First Citizens Bank & Trust Co. raised its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 25.6% in the fourth quarter, Holdings Channel reports. The firm owned 1,791,302 shares of the company’s stock after acquiring an additional 365,602 shares during the quarter. iShares Russell Mid-Cap Growth ETF comprises approximately 3.5% of First Citizens Bank & Trust Co.’s investment portfolio, making the stock its 7th biggest position. First Citizens Bank & Trust Co.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $227,048,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of IWP. Renaissance Technologies LLC bought a new position in iShares Russell Mid-Cap Growth ETF in the second quarter valued at approximately $430,000. Daymark Wealth Partners LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter worth approximately $326,000. Texas Capital Bank Wealth Management Services Inc boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 135.9% during the 2nd quarter. Texas Capital Bank Wealth Management Services Inc now owns 7,674 shares of the company’s stock worth $847,000 after acquiring an additional 4,421 shares during the period. Silver Lake Advisory LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter worth approximately $365,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of iShares Russell Mid-Cap Growth ETF by 6.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 871,432 shares of the company’s stock worth $96,167,000 after acquiring an additional 54,729 shares during the period.

iShares Russell Mid-Cap Growth ETF Trading Down 0.2 %

Shares of NYSEARCA IWP opened at $135.70 on Friday. iShares Russell Mid-Cap Growth ETF has a 12 month low of $101.12 and a 12 month high of $138.84. The stock has a 50 day moving average of $131.89 and a 200-day moving average of $121.31. The company has a market capitalization of $17.55 billion, a P/E ratio of 29.60 and a beta of 1.15.

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).