SlateStone Wealth LLC Takes $315,000 Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

SlateStone Wealth LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,856 shares of the company’s stock, valued at approximately $315,000.

Several other hedge funds also recently modified their holdings of IWP. CNB Bank raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 970.8% during the first quarter. CNB Bank now owns 257 shares of the company’s stock valued at $29,000 after acquiring an additional 233 shares during the last quarter. Tidemark LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at about $30,000. Richardson Financial Services Inc. acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter worth approximately $32,000. Adirondack Trust Co. lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 78.3% in the second quarter. Adirondack Trust Co. now owns 296 shares of the company’s stock worth $33,000 after acquiring an additional 130 shares during the period. Finally, Lynx Investment Advisory bought a new stake in iShares Russell Mid-Cap Growth ETF in the second quarter valued at approximately $33,000.

iShares Russell Mid-Cap Growth ETF Trading Down 0.6 %

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $113.71 on Tuesday. The company has a market cap of $14.71 billion, a P/E ratio of 29.60 and a beta of 1.15. The business has a 50-day moving average price of $110.56 and a two-hundred day moving average price of $110.48. iShares Russell Mid-Cap Growth ETF has a 1-year low of $85.24 and a 1-year high of $115.43.

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).