iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Sets New 1-Year High at $117.41

iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)’s share price reached a new 52-week high on Monday . The stock traded as high as $117.41 and last traded at $117.23, with a volume of 193066 shares trading hands. The stock had previously closed at $116.68.

iShares Russell Mid-Cap Growth ETF Stock Up 0.3 %

The firm has a market capitalization of $15.14 billion, a PE ratio of 29.60 and a beta of 1.15. The firm has a 50-day moving average price of $111.34 and a 200 day moving average price of $110.83.

Institutional Investors Weigh In On iShares Russell Mid-Cap Growth ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. CNB Bank boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 970.8% in the first quarter. CNB Bank now owns 257 shares of the company’s stock worth $29,000 after acquiring an additional 233 shares during the last quarter. Richardson Financial Services Inc. acquired a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $32,000. Adirondack Trust Co. increased its position in iShares Russell Mid-Cap Growth ETF by 78.3% during the 2nd quarter. Adirondack Trust Co. now owns 296 shares of the company’s stock worth $33,000 after purchasing an additional 130 shares in the last quarter. Lynx Investment Advisory purchased a new position in iShares Russell Mid-Cap Growth ETF in the second quarter valued at approximately $33,000. Finally, Northwest Bank & Trust Co acquired a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at approximately $36,000.

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).