Cullen Frost Bankers Inc. Increases Stake in iShares Russell Mid-Cap Growth ETF $IWP

Cullen Frost Bankers Inc. increased its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 15.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 956,036 shares of the company’s stock after buying an additional 130,679 shares during the period. iShares Russell Mid-Cap Growth ETF comprises approximately 1.7% of Cullen Frost Bankers Inc.’s holdings, making the stock its 11th largest holding. Cullen Frost Bankers Inc. owned about 0.69% of iShares Russell Mid-Cap Growth ETF worth $132,583,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in IWP. Revolve Wealth Partners LLC increased its stake in shares of iShares Russell Mid-Cap Growth ETF by 2.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock valued at $934,000 after buying an additional 182 shares during the period. Rhumbline Advisers grew its stake in iShares Russell Mid-Cap Growth ETF by 36.1% in the first quarter. Rhumbline Advisers now owns 3,185 shares of the company’s stock valued at $374,000 after purchasing an additional 844 shares during the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in iShares Russell Mid-Cap Growth ETF by 6.7% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 190,060 shares of the company’s stock valued at $22,330,000 after purchasing an additional 11,947 shares during the last quarter. Hofer & Associates. Inc grew its stake in iShares Russell Mid-Cap Growth ETF by 1.6% in the first quarter. Hofer & Associates. Inc now owns 29,841 shares of the company’s stock valued at $3,506,000 after purchasing an additional 465 shares during the last quarter. Finally, Consolidated Portfolio Review Corp purchased a new position in iShares Russell Mid-Cap Growth ETF in the first quarter valued at about $211,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

IWP opened at $143.47 on Wednesday. The business’s 50-day moving average is $142.54 and its two-hundred day moving average is $135.05. iShares Russell Mid-Cap Growth ETF has a 1 year low of $99.85 and a 1 year high of $145.50. The firm has a market capitalization of $20.97 billion, a PE ratio of 30.48 and a beta of 1.10.

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).