iShares Russell Mid-Cap Growth ETF $IWP is Cullen Frost Bankers Inc.’s 10th Largest Position

Cullen Frost Bankers Inc. raised its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 25.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,194,862 shares of the company’s stock after acquiring an additional 238,826 shares during the period. iShares Russell Mid-Cap Growth ETF makes up 2.0% of Cullen Frost Bankers Inc.’s portfolio, making the stock its 10th largest holding. Cullen Frost Bankers Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $170,160,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 9.5% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 10,876 shares of the company’s stock worth $1,555,000 after purchasing an additional 940 shares during the last quarter. First Citizens Bank & Trust Co. grew its holdings in iShares Russell Mid-Cap Growth ETF by 14.2% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 1,697,745 shares of the company’s stock valued at $241,776,000 after buying an additional 211,174 shares in the last quarter. Sagespring Wealth Partners LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 16.3% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 2,336 shares of the company’s stock worth $333,000 after acquiring an additional 327 shares during the last quarter. October Effect Ltd raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 3.8% during the 3rd quarter. October Effect Ltd now owns 5,173 shares of the company’s stock worth $737,000 after acquiring an additional 188 shares in the last quarter. Finally, BAM Wealth Management LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $203,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

IWP stock opened at $139.59 on Friday. The firm has a fifty day moving average price of $138.63 and a 200 day moving average price of $140.55. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $99.85 and a fifty-two week high of $145.60. The firm has a market cap of $20.76 billion, a PE ratio of 30.48 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). 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.