iShares Russell Mid-Cap Growth ETF $IWP is First Citizens Bank & Trust Co.’s 4th Largest Position

First Citizens Bank & Trust Co. boosted its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 14.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,697,745 shares of the company’s stock after purchasing an additional 211,174 shares during the period. iShares Russell Mid-Cap Growth ETF makes up 4.3% of First Citizens Bank & Trust Co.’s portfolio, making the stock its 4th biggest position. First Citizens Bank & Trust Co. owned 1.16% of iShares Russell Mid-Cap Growth ETF worth $241,776,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWP. Sagespring Wealth Partners LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 16.3% in the 3rd quarter. Sagespring Wealth Partners LLC now owns 2,336 shares of the company’s stock valued at $333,000 after buying an additional 327 shares during the last quarter. October Effect Ltd boosted its holdings in iShares Russell Mid-Cap Growth ETF by 3.8% in the third quarter. October Effect Ltd now owns 5,173 shares of the company’s stock valued at $737,000 after purchasing an additional 188 shares during the last quarter. BAM Wealth Management LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF during the 3rd quarter valued at approximately $203,000. Virtue Capital Management LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 1.1% during the 3rd quarter. Virtue Capital Management LLC now owns 9,375 shares of the company’s stock worth $1,335,000 after purchasing an additional 99 shares during the last quarter. Finally, PFG Investments LLC raised its position in shares of iShares Russell Mid-Cap Growth ETF by 2.8% in the 3rd quarter. PFG Investments LLC now owns 2,914 shares of the company’s stock valued at $415,000 after purchasing an additional 80 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 Down 0.6%

iShares Russell Mid-Cap Growth ETF stock opened at $139.59 on Friday. iShares Russell Mid-Cap Growth ETF has a 52 week low of $99.85 and a 52 week high of $145.60. The stock has a market cap of $20.76 billion, a P/E ratio of 30.48 and a beta of 1.15. The stock has a 50 day moving average of $138.63 and a 200-day moving average of $140.55.

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.