iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Sets New 12-Month High – Here’s Why

iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $132.37 and last traded at $132.26, with a volume of 56760 shares. The stock had previously closed at $131.20.

iShares Russell Mid-Cap Growth ETF Trading Down 1.2 %

The stock’s 50-day moving average is $119.15 and its 200-day moving average is $113.48. The stock has a market cap of $16.70 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15.

Institutional Trading of iShares Russell Mid-Cap Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. FSA Wealth Management LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $16,366,000. Cobblestone Capital Advisors LLC NY acquired a new stake in iShares Russell Mid-Cap Growth ETF in the third quarter valued at approximately $204,000. Widmann Financial Services Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 3.9% in the third quarter. Widmann Financial Services Inc. now owns 35,017 shares of the company’s stock valued at $4,107,000 after acquiring an additional 1,309 shares in the last quarter. Captrust Financial Advisors grew its position in iShares Russell Mid-Cap Growth ETF by 6.0% in the third quarter. Captrust Financial Advisors now owns 119,334 shares of the company’s stock valued at $13,997,000 after acquiring an additional 6,803 shares in the last quarter. Finally, Financial Counselors Inc. grew its position in iShares Russell Mid-Cap Growth ETF by 3.1% in the third quarter. Financial Counselors Inc. now owns 21,976 shares of the company’s stock valued at $2,578,000 after acquiring an additional 652 shares in the last quarter.

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).