Park National Corp OH Makes New Investment in iShares Russell Mid-Cap Growth ETF $IWP

Park National Corp OH bought a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 7,745 shares of the company’s stock, valued at approximately $992,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. American Wealth Advisors LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth approximately $1,954,000. Concurrent Investment Advisors LLC grew its holdings in iShares Russell Mid-Cap Growth ETF by 29.8% during the fourth quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock valued at $2,246,000 after purchasing an additional 3,769 shares during the last quarter. AE Wealth Management LLC grew its holdings in iShares Russell Mid-Cap Growth ETF by 6.7% during the fourth quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock valued at $13,039,000 after purchasing an additional 5,971 shares during the last quarter. Johnson Financial Group Inc. raised its position in shares of iShares Russell Mid-Cap Growth ETF by 29.7% in the third quarter. Johnson Financial Group Inc. now owns 46,403 shares of the company’s stock valued at $6,608,000 after purchasing an additional 10,615 shares during the period. Finally, BCS Wealth Management bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $2,216,000. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $141.95 on Monday. The firm has a fifty day simple moving average of $138.16 and a 200-day simple moving average of $136.68. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $145.60. The stock has a market capitalization of $20.39 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13.

About iShares Russell Mid-Cap Growth ETF

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.