Pinnacle Bancorp Inc. Buys 90 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Pinnacle Bancorp Inc. lifted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 13.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 773 shares of the company’s stock after buying an additional 90 shares during the period. Pinnacle Bancorp Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $91,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. CNB Bank boosted its position in iShares Russell Mid-Cap Growth ETF by 970.8% in the first quarter. CNB Bank now owns 257 shares of the company’s stock valued at $29,000 after buying an additional 233 shares in the last quarter. Richardson Financial Services Inc. bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at approximately $32,000. Adirondack Trust Co. raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 78.3% in the second quarter. Adirondack Trust Co. now owns 296 shares of the company’s stock valued at $33,000 after acquiring an additional 130 shares during the last quarter. Lynx Investment Advisory acquired a new position in shares of iShares Russell Mid-Cap Growth ETF in the 2nd quarter worth approximately $33,000. Finally, Northwest Bank & Trust Co acquired a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at $36,000.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of IWP opened at $121.16 on Friday. The company has a market cap of $15.67 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. The stock has a fifty day moving average price of $113.11 and a two-hundred day moving average price of $111.35. iShares Russell Mid-Cap Growth ETF has a 52-week low of $85.24 and a 52-week high of $121.35.

iShares Russell Mid-Cap Growth ETF Company 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).