Canandaigua National Bank & Trust Co. Buys Shares of 97,890 iShares Russell Mid-Cap Growth ETF $IWP

Canandaigua National Bank & Trust Co. acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the second quarter, HoldingsChannel reports. The firm acquired 97,890 shares of the company’s stock, valued at approximately $14,332,000. iShares Russell Mid-Cap Growth ETF accounts for approximately 1.2% of Canandaigua National Bank & Trust Co.’s portfolio, making the stock its 17th largest holding.

Several other institutional investors have also bought and sold shares of IWP. AE Wealth Management LLC increased its stake in shares of 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 acquiring an additional 5,971 shares during the period. Concurrent Investment Advisors LLC lifted its position 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. Krilogy Financial LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 5.7% in the fourth quarter. Krilogy Financial LLC now owns 282,178 shares of the company’s stock worth $39,401,000 after purchasing an additional 15,331 shares during the period. BCS Wealth Management acquired a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter worth approximately $2,216,000. Finally, Kelsey Financial LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at $3,940,000. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP stock opened at $143.09 on Wednesday. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year high of $146.64. The stock has a market cap of $20.60 billion, a PE ratio of 30.48 and a beta of 1.12. The business’s fifty day moving average is $140.83 and its 200-day moving average is $136.96.

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.