iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Shares Purchased by Mechanics Bank Trust Department

Mechanics Bank Trust Department boosted its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWPFree Report) by 5.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 111,734 shares of the company’s stock after purchasing an additional 5,601 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for approximately 1.8% of Mechanics Bank Trust Department’s portfolio, making the stock its 11th biggest position. Mechanics Bank Trust Department’s holdings in iShares Russell Mid-Cap Growth ETF were worth $12,330,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Eubel Brady & Suttman Asset Management Inc. acquired a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $221,000. International Assets Investment Management LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at approximately $20,118,000. Brookstone Capital Management lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 24.7% in the 1st quarter. Brookstone Capital Management now owns 15,332 shares of the company’s stock valued at $1,750,000 after purchasing an additional 3,035 shares during the period. Eudaimonia Partners LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 19.8% during the fourth quarter. Eudaimonia Partners LLC now owns 10,778 shares of the company’s stock worth $1,126,000 after buying an additional 1,780 shares in the last quarter. Finally, Latitude Advisors LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth $206,000.

iShares Russell Mid-Cap Growth ETF Trading Up 0.3 %

IWP traded up $0.31 on Friday, reaching $107.93. The stock had a trading volume of 567,967 shares, compared to its average volume of 791,091. The business’s 50-day moving average price is $109.96 and its two-hundred day moving average price is $110.01. The company has a market cap of $13.96 billion, a P/E ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 12-month low of $85.24 and a 12-month high of $115.43.

iShares Russell Mid-Cap Growth ETF Profile

(Free Report)

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).

Further Reading

Want to see what other hedge funds are holding IWP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWPFree Report).

Institutional Ownership by Quarter for iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

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