First Horizon Corp Makes New Investment in iShares Russell Mid-Cap Growth ETF $IWP

First Horizon Corp acquired a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 43,135 shares of the company’s stock, valued at approximately $6,143,000.

Other institutional investors have also recently made changes to their positions in the company. MGO One Seven LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 9.7% in the 3rd quarter. MGO One Seven LLC now owns 3,439 shares of the company’s stock valued at $490,000 after buying an additional 305 shares during the period. FLP Wealth Management LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the third quarter valued at $1,480,000. Washington Trust Bank boosted its holdings in iShares Russell Mid-Cap Growth ETF by 39.8% in the third quarter. Washington Trust Bank now owns 16,013 shares of the company’s stock valued at $2,280,000 after purchasing an additional 4,557 shares during the period. ORG Partners LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 72.0% in the third quarter. ORG Partners LLC now owns 3,330 shares of the company’s stock valued at $482,000 after purchasing an additional 1,394 shares during the period. Finally, Mainsail Financial Group LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 2.2% during the 3rd quarter. Mainsail Financial Group LLC now owns 49,250 shares of the company’s stock worth $7,014,000 after purchasing an additional 1,075 shares in the last quarter. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA IWP opened at $140.97 on Monday. The company has a market cap of $21.10 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15. The stock’s 50-day moving average is $138.38 and its two-hundred day moving average is $140.43. iShares Russell Mid-Cap Growth ETF has a 1-year low of $99.85 and a 1-year high of $145.60.

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.