13,051 iShares Russell Mid-Cap Growth ETF $IWP Shares Purchased by Vise Technologies Inc.

Vise Technologies Inc. boosted its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 62.7% in the 3rd quarter, Holdings Channel reports. The firm owned 33,853 shares of the company’s stock after acquiring an additional 13,051 shares during the quarter. Vise Technologies Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $4,661,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWP. Wellington Management Group LLP acquired a new stake in iShares Russell Mid-Cap Growth ETF during the 2nd quarter worth $54,218,000. Fifth Third Bancorp grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 153.0% during the first quarter. Fifth Third Bancorp now owns 511,007 shares of the company’s stock worth $65,470,000 after buying an additional 309,058 shares in the last quarter. GenWealth Group Inc. acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the second quarter valued at about $30,490,000. Hsbc Holdings PLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at about $23,113,000. Finally, Canandaigua National Bank & Trust Co. acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the second quarter valued at about $14,332,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Up 1.2%

NYSEARCA:IWP opened at $131.70 on Wednesday. The company’s 50-day moving average price is $137.99 and its 200-day moving average price is $137.69. The company has a market cap of $18.51 billion, a P/E ratio of 27.78 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $148.29.

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). 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.