Corsair Capital Management L.P. Invests $1 Million in iShares Russell Mid-Cap Growth ETF $IWP

Corsair Capital Management L.P. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 1st quarter, Holdings Channel reports. The firm bought 7,833 shares of the company’s stock, valued at approximately $1,004,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Richards Merrill & Peterson Inc. bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter worth about $25,000. CNB Bank lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 478.8% during the 4th quarter. CNB Bank now owns 191 shares of the company’s stock valued at $26,000 after buying an additional 158 shares in the last quarter. Beaird Harris Wealth Management LLC grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 125.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after acquiring an additional 110 shares during the period. Hilton Head Capital Partners LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at approximately $27,000. Finally, Imprint Wealth LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter valued at approximately $29,000. 74.49% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

iShares Russell Mid-Cap Growth ETF stock opened at $136.73 on Monday. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $146.64. The firm has a market capitalization of $19.77 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. The firm has a 50 day moving average of $140.84 and a 200 day moving average of $137.12.

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.