William Allan Corp Makes New Investment in iShares Russell Mid-Cap Growth ETF $IWP

William Allan Corp bought a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,175 shares of the company’s stock, valued at approximately $572,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of IWP. Revolve Wealth Partners LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 2.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after purchasing an additional 182 shares during the period. AQR Capital Management LLC grew its position in shares of iShares Russell Mid-Cap Growth ETF by 59.9% during the 1st quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock worth $337,000 after buying an additional 1,074 shares in the last quarter. First Trust Advisors LP bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter worth $257,000. Qube Research & Technologies Ltd grew its position in shares of iShares Russell Mid-Cap Growth ETF by 22.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock worth $16,092,000 after buying an additional 21,353 shares in the last quarter. Finally, Peapack Gladstone Financial Corp grew its position in shares of iShares Russell Mid-Cap Growth ETF by 17.2% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock worth $6,960,000 after buying an additional 7,376 shares in the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Up 2.8%

IWP opened at $140.72 on Friday. iShares Russell Mid-Cap Growth ETF has a 12-month low of $122.94 and a 12-month high of $145.60. The business’s fifty day simple moving average is $136.73 and its 200-day simple moving average is $136.50. The company has a market capitalization of $20.21 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13.

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.