iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Position Raised by Investment Partners LTD.

Investment Partners LTD. lifted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 41,721 shares of the company’s stock after acquiring an additional 121 shares during the quarter. iShares Russell Mid-Cap Growth ETF accounts for about 2.2% of Investment Partners LTD.’s investment portfolio, making the stock its 10th largest holding. Investment Partners LTD.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $4,762,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in IWP. Natixis Advisors L.P. lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 4.5% in the 3rd quarter. Natixis Advisors L.P. now owns 16,560 shares of the company’s stock worth $1,513,000 after purchasing an additional 718 shares during the period. Mutual Advisors LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 4.0% in the 3rd quarter. Mutual Advisors LLC now owns 7,766 shares of the company’s stock worth $709,000 after acquiring an additional 300 shares in the last quarter. Fred Alger Management LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the third quarter valued at approximately $141,000. Becker Capital Management Inc. boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 2.2% in the third quarter. Becker Capital Management Inc. now owns 25,216 shares of the company’s stock worth $2,308,000 after purchasing an additional 552 shares during the period. Finally, Axxcess Wealth Management LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the third quarter worth approximately $280,000.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP stock traded up $0.59 on Friday, hitting $111.11. 97,850 shares of the stock traded hands, compared to its average volume of 746,535. The firm has a market cap of $14.37 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. The firm has a 50 day simple moving average of $109.59 and a two-hundred day simple moving average of $108.41. iShares Russell Mid-Cap Growth ETF has a 52 week low of $85.24 and a 52 week high of $114.60.

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).