Greenwood Gearhart LLC Makes New $804,000 Investment in iShares Russell Mid-Cap Growth ETF $IWP

Greenwood Gearhart LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 6,272 shares of the company’s stock, valued at approximately $804,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Richards Merrill & Peterson Inc. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at about $25,000. CNB Bank increased its position in iShares Russell Mid-Cap Growth ETF by 478.8% during the fourth quarter. CNB Bank now owns 191 shares of the company’s stock worth $26,000 after purchasing an additional 158 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $27,000. Beaird Harris Wealth Management LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 125.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the period. Finally, Sfam LLC acquired a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at about $28,000. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA:IWP opened at $137.59 on Monday. The company’s 50-day moving average is $140.70 and its two-hundred day moving average is $137.11. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.94 and a 1-year high of $146.64. The firm has a market capitalization of $20.16 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12.

iShares Russell Mid-Cap Growth ETF Company 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.