Wedmont Private Capital Makes New $237,000 Investment in iShares Russell Mid-Cap Growth ETF $IWP

Wedmont Private Capital acquired a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,700 shares of the company’s stock, valued at approximately $237,000.

A number of other hedge funds have also modified their holdings of the business. Capital Investment Advisory Services LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 69.6% in the first quarter. Capital Investment Advisory Services LLC now owns 229 shares of the company’s stock valued at $27,000 after purchasing an additional 94 shares during the period. Federated Hermes Inc. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the first quarter valued at about $29,000. CX Institutional purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF in the first quarter valued at about $37,000. Millstone Evans Group LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 436.6% during the first quarter. Millstone Evans Group LLC now owns 381 shares of the company’s stock worth $45,000 after buying an additional 310 shares during the period. Finally, Wood Tarver Financial Group LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $50,000. 74.49% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP stock opened at $144.66 on Monday. The firm has a market cap of $20.69 billion, a PE ratio of 30.48 and a beta of 1.10. The company has a 50-day moving average of $141.50 and a two-hundred day moving average of $131.47. iShares Russell Mid-Cap Growth ETF has a 1-year low of $99.85 and a 1-year high of $145.50.

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).