Corundum Group Inc. increased its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP – Free Report) by 10.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,496 shares of the company’s stock after buying an additional 6,909 shares during the quarter. iShares Russell Mid-Cap Growth ETF accounts for 3.2% of Corundum Group Inc.’s investment portfolio, making the stock its 9th largest holding. Corundum Group Inc. owned 0.05% of iShares Russell Mid-Cap Growth ETF worth $9,673,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also bought and sold shares of IWP. Richards Merrill & Peterson Inc. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth $25,000. CNB Bank raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 478.8% in the fourth quarter. CNB Bank now owns 191 shares of the company’s stock valued at $26,000 after purchasing an additional 158 shares during the last quarter. Hilton Head Capital Partners LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at about $27,000. Beaird Harris Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 125.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after purchasing an additional 110 shares in the last quarter. Finally, Sfam LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $28,000. 74.49% of the stock is owned by hedge funds and other institutional investors.
iShares Russell Mid-Cap Growth ETF Stock Up 1.0%
Shares of NYSEARCA IWP opened at $141.29 on Thursday. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $145.60. The stock’s 50 day moving average price is $138.73 and its 200-day moving average price is $136.74. The company has a market capitalization of $20.30 billion, a PE ratio of 30.48 and a beta of 1.13.
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). 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.
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