iShares Russell Mid-Cap Growth ETF $IWP Shares Bought by Fifth Third Bancorp

Fifth Third Bancorp raised its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 153.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 511,007 shares of the company’s stock after purchasing an additional 309,058 shares during the period. Fifth Third Bancorp owned 0.36% of iShares Russell Mid-Cap Growth ETF worth $65,470,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of IWP. Richards Merrill & Peterson Inc. acquired a new position in iShares Russell Mid-Cap Growth ETF in the fourth quarter worth about $25,000. CNB Bank raised its stake in iShares Russell Mid-Cap Growth ETF by 478.8% during the fourth quarter. CNB Bank now owns 191 shares of the company’s stock valued at $26,000 after buying an additional 158 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the 4th quarter worth approximately $27,000. Beaird Harris Wealth Management LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 125.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after buying an additional 110 shares during the last quarter. Finally, Sfam LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth approximately $28,000. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $142.55 on Monday. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $146.64. The firm has a market cap of $20.90 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. The stock has a 50 day moving average of $140.50 and a 200-day moving average of $137.11.

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.