AMG National Trust Bank Boosts Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

AMG National Trust Bank raised its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 337,497 shares of the company’s stock after buying an additional 15,206 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for 0.9% of AMG National Trust Bank’s investment portfolio, making the stock its 27th biggest holding. AMG National Trust Bank’s holdings in iShares Russell Mid-Cap Growth ETF were worth $43,240,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Revolve Wealth Partners LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 2.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after buying an additional 182 shares during the last quarter. AQR Capital Management LLC raised its position in iShares Russell Mid-Cap Growth ETF by 59.9% in the first quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock worth $337,000 after acquiring an additional 1,074 shares during the period. First Trust Advisors LP purchased a new position in iShares Russell Mid-Cap Growth ETF in the second quarter valued at about $257,000. Qube Research & Technologies Ltd boosted its stake in iShares Russell Mid-Cap Growth ETF by 22.6% in the second quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock valued at $16,092,000 after acquiring an additional 21,353 shares during the last quarter. Finally, Peapack Gladstone Financial Corp grew its position in shares of iShares Russell Mid-Cap Growth ETF by 17.2% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock valued at $6,960,000 after acquiring an additional 7,376 shares during the period. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA IWP opened at $140.70 on Tuesday. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $146.64. The business’s fifty day moving average price is $140.59 and its 200-day moving average price is $137.12. The stock has a market capitalization of $20.63 billion, a PE ratio of 30.48 and a beta of 1.12.

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.