iShares Russell Mid-Cap Growth ETF $IWP Shares Bought by Bryn Mawr Trust Advisors LLC

Bryn Mawr Trust Advisors LLC increased its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 33.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,230 shares of the company’s stock after purchasing an additional 7,294 shares during the quarter. Bryn Mawr Trust Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $4,024,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in IWP. Wellington Management Group LLP bought a new position in shares of iShares Russell Mid-Cap Growth ETF during the second quarter valued at about $54,218,000. Fifth Third Bancorp increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 153.0% in the first quarter. Fifth Third Bancorp now owns 511,007 shares of the company’s stock worth $65,470,000 after buying an additional 309,058 shares during the period. GenWealth Group Inc. purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the second quarter worth about $30,490,000. Canandaigua National Bank & Trust Co. purchased a new position in shares of iShares Russell Mid-Cap Growth ETF in the second quarter worth about $14,332,000. Finally, Envestnet Asset Management Inc. increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 1.6% in the second quarter. Envestnet Asset Management Inc. now owns 5,866,456 shares of the company’s stock worth $858,908,000 after buying an additional 93,924 shares during the period. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA IWP opened at $124.01 on Monday. iShares Russell Mid-Cap Growth ETF has a 1-year low of $122.40 and a 1-year high of $148.29. The stock has a 50-day moving average of $136.98 and a 200-day moving average of $137.48. The firm has a market cap of $17.40 billion, a PE ratio of 27.78 and a beta of 1.13.

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). The Index measures the performance of the mid-capitalization growth sector of the United States equity market. It is a subset of the Russell Midcap Index and measures the performance of equity securities of Russell Midcap Index issuers with relatively higher price-to-book ratios and higher forecasted growth.