iShares Russell Mid-Cap Growth ETF $IWP Stock Holdings Increased by Fifth Third Bancorp

Fifth Third Bancorp grew its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 153.0% in the first quarter, HoldingsChannel reports. The fund owned 511,007 shares of the company’s stock after buying an additional 309,058 shares during the period. Fifth Third Bancorp’s holdings in iShares Russell Mid-Cap Growth ETF were worth $65,470,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of IWP. Concurrent Investment Advisors LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 29.8% in the fourth quarter. Concurrent Investment Advisors LLC now owns 16,403 shares of the company’s stock worth $2,246,000 after purchasing an additional 3,769 shares during the period. AE Wealth Management LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 6.7% during the 4th quarter. AE Wealth Management LLC now owns 95,214 shares of the company’s stock valued at $13,039,000 after buying an additional 5,971 shares during the period. BCS Wealth Management acquired a new position in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at about $2,216,000. Krilogy Financial LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 5.7% during the 4th quarter. Krilogy Financial LLC now owns 282,178 shares of the company’s stock worth $39,401,000 after buying an additional 15,331 shares in the last quarter. Finally, Congress Asset Management Co. raised its position in shares of iShares Russell Mid-Cap Growth ETF by 118.3% during the 4th quarter. Congress Asset Management Co. now owns 458,580 shares of the company’s stock worth $62,798,000 after buying an additional 248,474 shares in the last quarter. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA:IWP opened at $142.55 on Monday. The company has a 50 day moving average of $140.50 and a 200-day moving average of $137.11. The firm has a market cap of $20.90 billion, a P/E ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $146.64.

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.