Stonebridge Financial Group LLC Buys New Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Stonebridge Financial Group LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the fourth quarter, HoldingsChannel reports. The fund purchased 90,973 shares of the company’s stock, valued at approximately $11,531,000. iShares Russell Mid-Cap Growth ETF comprises about 1.3% of Stonebridge Financial Group LLC’s portfolio, making the stock its 22nd largest holding.

Other hedge funds also recently made changes to their positions in the company. Private Trust Co. NA grew its position in iShares Russell Mid-Cap Growth ETF by 2.4% in the third quarter. Private Trust Co. NA now owns 11,401 shares of the company’s stock valued at $1,337,000 after purchasing an additional 265 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth about $9,251,000. Global Retirement Partners LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.1% in the 3rd quarter. Global Retirement Partners LLC now owns 14,469 shares of the company’s stock valued at $1,697,000 after acquiring an additional 160 shares in the last quarter. Northwest Investment Counselors LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the third quarter valued at about $93,000. Finally, RFG Advisory LLC bought a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter worth about $468,000.

iShares Russell Mid-Cap Growth ETF Stock Up 0.9 %

IWP stock opened at $138.92 on Tuesday. The company has a market cap of $17.97 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a twelve month low of $101.12 and a twelve month high of $139.25. The business has a 50 day moving average price of $132.37 and a two-hundred day moving average price of $123.09.

About iShares Russell Mid-Cap Growth ETF

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).