M&T Bank Corp Sells 304,168 Shares of iShares Russell Mid-Cap Growth ETF $IWP

M&T Bank Corp cut its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 96.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,868 shares of the company’s stock after selling 304,168 shares during the period. M&T Bank Corp’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,351,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in IWP. Richards Merrill & Peterson Inc. acquired a new position in iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $25,000. Beaird Harris Wealth Management LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 125.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after buying an additional 110 shares during the period. Imprint Wealth LLC acquired a new position in iShares Russell Mid-Cap Growth ETF in the third quarter valued at approximately $29,000. Clean Yield Group acquired a new position in iShares Russell Mid-Cap Growth ETF in the third quarter valued at approximately $33,000. Finally, Ashton Thomas Securities LLC acquired a new position in iShares Russell Mid-Cap Growth ETF in the third quarter valued at approximately $34,000. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $133.42 on Thursday. iShares Russell Mid-Cap Growth ETF has a 52-week low of $117.81 and a 52-week high of $145.60. The business’s 50 day moving average price is $132.85 and its two-hundred day moving average price is $136.72. The firm has a market cap of $19.14 billion, a PE ratio of 30.48 and a beta of 1.17.

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). The Index measures the performance of the mid-capitalization growth sector of the United States equity market. It is a subset of the Russell Midcap Index and measures the performance of equity securities of Russell Midcap Index issuers with relatively higher price-to-book ratios and higher forecasted growth.