1ST Source Bank Acquires 437 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

1ST Source Bank raised its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 3.7% in the third quarter, HoldingsChannel reports. The institutional investor owned 12,196 shares of the company’s stock after acquiring an additional 437 shares during the quarter. 1ST Source Bank’s holdings in iShares Russell Mid-Cap Growth ETF were worth $1,430,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 2.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,243,857 shares of the company’s stock valued at $247,610,000 after acquiring an additional 57,491 shares during the last quarter. Cassaday & Co Wealth Management LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 2.3% in the 3rd quarter. Cassaday & Co Wealth Management LLC now owns 2,134,150 shares of the company’s stock valued at $250,314,000 after purchasing an additional 47,328 shares during the last quarter. LPL Financial LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 11.1% in the 3rd quarter. LPL Financial LLC now owns 1,814,140 shares of the company’s stock valued at $212,780,000 after buying an additional 181,523 shares during the period. First Citizens Bank & Trust Co. boosted its position in iShares Russell Mid-Cap Growth ETF by 1.8% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 1,431,399 shares of the company’s stock valued at $157,955,000 after buying an additional 24,647 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 6.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 871,432 shares of the company’s stock worth $96,167,000 after purchasing an additional 54,729 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of iShares Russell Mid-Cap Growth ETF stock traded down $0.78 during trading on Friday, hitting $133.54. 251,411 shares of the stock were exchanged, compared to its average volume of 868,616. The firm’s 50-day moving average price is $127.22 and its 200 day moving average price is $116.90. iShares Russell Mid-Cap Growth ETF has a 12-month low of $100.34 and a 12-month high of $138.84. The stock has a market cap of $17.27 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15.

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).