Comerica Bank Buys 51,752 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Comerica Bank increased its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 18.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 337,549 shares of the company’s stock after purchasing an additional 51,752 shares during the period. Comerica Bank owned 0.23% of iShares Russell Mid-Cap Growth ETF worth $46,224,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of IWP. Richards Merrill & Peterson Inc. bought a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter worth approximately $25,000. Beaird Harris Wealth Management LLC raised its position in iShares Russell Mid-Cap Growth ETF by 125.0% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the last quarter. Imprint Wealth LLC bought a new position in iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth approximately $29,000. Clean Yield Group bought a new position in iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth approximately $33,000. Finally, Ashton Thomas Securities LLC bought a new position in iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth approximately $34,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

IWP stock opened at $136.11 on Monday. The company has a 50 day moving average price of $132.89 and a 200 day moving average price of $136.83. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $117.81 and a fifty-two week high of $145.60. The stock has a market capitalization of $19.53 billion, a PE ratio of 30.48 and a beta of 1.17.

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.