iShares Russell Mid-Cap Growth ETF $IWP Shares Bought by AMG National Trust Bank

AMG National Trust Bank lifted its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 334,634 shares of the company’s stock after buying an additional 4,721 shares during the quarter. iShares Russell Mid-Cap Growth ETF makes up approximately 1.2% of AMG National Trust Bank’s portfolio, making the stock its 19th biggest position. AMG National Trust Bank owned 0.23% of iShares Russell Mid-Cap Growth ETF worth $47,655,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Financial Gravity Companies Inc. acquired a new position in iShares Russell Mid-Cap Growth ETF in the second quarter valued at approximately $28,000. Abound Wealth Management raised its holdings in iShares Russell Mid-Cap Growth ETF by 223.2% during the third quarter. Abound Wealth Management now owns 223 shares of the company’s stock worth $32,000 after purchasing an additional 154 shares in the last quarter. Clean Yield Group purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $33,000. Ashton Thomas Securities LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at $34,000. Finally, Founders Financial Alliance LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at $44,000. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of NYSEARCA:IWP opened at $136.15 on Friday. iShares Russell Mid-Cap Growth ETF has a 12 month low of $99.85 and a 12 month high of $145.60. The firm has a market capitalization of $19.97 billion, a P/E ratio of 30.48 and a beta of 1.15. The company’s fifty day moving average price is $138.04 and its 200 day moving average price is $139.93.

About iShares Russell Mid-Cap Growth ETF

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.