Woodmont Investment Counsel LLC Makes New $108,000 Investment in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Woodmont Investment Counsel LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 1st quarter, Holdings Channel.com reports. The firm bought 949 shares of the company’s stock, valued at approximately $108,000.

Several other hedge funds have also recently bought and sold shares of the business. Morgan Stanley increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.2% in the third quarter. Morgan Stanley now owns 10,917,711 shares of the company’s stock worth $997,333,000 after purchasing an additional 237,006 shares during the period. Jones Financial Companies Lllp increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.4% in the fourth quarter. Jones Financial Companies Lllp now owns 3,918,325 shares of the company’s stock worth $409,308,000 after purchasing an additional 92,345 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.3% in the fourth quarter. Commonwealth Equity Services LLC now owns 2,871,614 shares of the company’s stock worth $299,969,000 after purchasing an additional 63,473 shares during the period. Ameriprise Financial Inc. increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 9.1% in the third quarter. Ameriprise Financial Inc. now owns 2,698,919 shares of the company’s stock worth $246,644,000 after purchasing an additional 225,697 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 2.0% during the fourth quarter. Envestnet Asset Management Inc. now owns 2,210,427 shares of the company’s stock worth $230,901,000 after buying an additional 43,938 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Trading Up 0.3 %

IWP stock traded up $0.35 during trading on Tuesday, reaching $110.10. 389,562 shares of the stock were exchanged, compared to its average volume of 749,189. iShares Russell Mid-Cap Growth ETF has a twelve month low of $85.24 and a twelve month high of $114.60. The company has a market capitalization of $14.24 billion, a P/E ratio of 29.60 and a beta of 1.15. The stock has a 50 day simple moving average of $109.77 and a 200-day simple moving average of $108.60.

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).