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:IWP) 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

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).