Congress Asset Management Co. Increases Stock Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Congress Asset Management Co. boosted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 86.8% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 687,453 shares of the company’s stock after purchasing an additional 319,368 shares during the quarter. Congress Asset Management Co.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $87,135,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of IWP. Lord & Richards Wealth Management LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth about $229,000. Chevy Chase Trust Holdings LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth about $232,000. Farmers & Merchants Trust Co of Chambersburg PA increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 10.9% in the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 4,067 shares of the company’s stock worth $515,000 after buying an additional 399 shares during the last quarter. Buckhead Capital Management LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth about $210,000. Finally, Life Planning Partners Inc bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth about $11,358,000.

iShares Russell Mid-Cap Growth ETF Stock Up 0.2 %

iShares Russell Mid-Cap Growth ETF stock opened at $138.58 on Friday. The company’s 50-day moving average price is $132.48 and its 200-day moving average price is $123.88. iShares Russell Mid-Cap Growth ETF has a twelve month low of $101.12 and a twelve month high of $139.25. The company has a market cap of $17.93 billion, a PE 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).