iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Stake Lessened by HM Payson & Co.

HM Payson & Co. trimmed its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 0.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,253 shares of the company’s stock after selling 145 shares during the quarter. HM Payson & Co.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $3,548,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. CNB Bank grew its stake 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 worth $29,000 after purchasing an additional 233 shares in the last quarter. Adirondack Trust Co. increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 78.3% in the 2nd 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 stake in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at approximately $33,000. Palisade Asset Management LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the first quarter worth $46,000. Finally, Centennial Bank AR boosted its holdings in iShares Russell Mid-Cap Growth ETF by 1,335.7% in the second quarter. Centennial Bank AR now owns 402 shares of the company’s stock worth $44,000 after purchasing an additional 374 shares during the period.

iShares Russell Mid-Cap Growth ETF Stock Down 0.2 %

IWP stock traded down $0.30 during trading on Thursday, hitting $120.93. 28,982 shares of the company’s stock traded hands, compared to its average volume of 841,721. The stock has a fifty day moving average price of $116.54 and a two-hundred day moving average price of $112.20. iShares Russell Mid-Cap Growth ETF has a 52 week low of $85.73 and a 52 week high of $122.39. The stock has a market capitalization of $15.64 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).