168,785 Shares in iShares Russell Mid-Cap Growth ETF $IWP Acquired by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 168,785 shares of the company’s stock, valued at approximately $23,113,000.

Several other institutional investors also recently bought and sold shares of the business. CIBC Private Wealth Group LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 103.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,309,901 shares of the company’s stock worth $179,378,000 after purchasing an additional 667,479 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the third quarter worth $91,697,000. First Command Advisory Services Inc. grew its position in shares of iShares Russell Mid-Cap Growth ETF by 8.0% in the fourth quarter. First Command Advisory Services Inc. now owns 3,839,481 shares of the company’s stock valued at $525,778,000 after purchasing an additional 284,943 shares during the period. Align Financial LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at $38,443,000. Finally, BNP Paribas Financial Markets increased its stake in iShares Russell Mid-Cap Growth ETF by 102.1% in the third quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock valued at $71,347,000 after purchasing an additional 253,151 shares during the last quarter. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Trading Up 1.0%

NYSEARCA IWP opened at $141.29 on Thursday. The business’s 50-day moving average price is $138.73 and its 200 day moving average price is $136.74. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $145.60. The company has a market capitalization of $20.30 billion, a PE 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.