iShares Russell Mid-Cap Growth ETF $IWP Shares Purchased by Washington Trust Bank

Washington Trust Bank increased its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 934.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 165,647 shares of the company’s stock after purchasing an additional 149,634 shares during the quarter. iShares Russell Mid-Cap Growth ETF accounts for about 1.6% of Washington Trust Bank’s investment portfolio, making the stock its 17th largest holding. Washington Trust Bank owned approximately 0.11% of iShares Russell Mid-Cap Growth ETF worth $22,684,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IWP. Revolve Wealth Partners LLC increased its position in iShares Russell Mid-Cap Growth ETF by 2.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after purchasing an additional 182 shares in the last quarter. AQR Capital Management LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 59.9% in the 1st 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 2nd quarter worth approximately $257,000. Qube Research & Technologies Ltd boosted its holdings in iShares Russell Mid-Cap Growth ETF by 22.6% in the 2nd quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock worth $16,092,000 after acquiring an additional 21,353 shares during the period. Finally, Peapack Gladstone Financial Corp boosted its holdings in iShares Russell Mid-Cap Growth ETF by 17.2% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock worth $6,960,000 after acquiring an additional 7,376 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Up 0.3%

NYSEARCA IWP opened at $137.77 on Tuesday. The stock has a market cap of $19.79 billion, a PE ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $122.94 and a fifty-two week high of $145.60. The business has a 50 day moving average price of $133.08 and a two-hundred day moving average price of $136.48.

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.