iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Hits New 52-Week Low – Time to Sell?

iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) shares reached a new 52-week low during mid-day trading on Monday . The company traded as low as $99.85 and last traded at $100.21, with a volume of 251921 shares. The stock had previously closed at $105.68.

iShares Russell Mid-Cap Growth ETF Price Performance

The company has a market capitalization of $14.90 billion, a P/E ratio of 29.68 and a beta of 1.16. The firm’s 50-day moving average is $126.96 and its 200-day moving average is $127.02.

Hedge Funds Weigh In On iShares Russell Mid-Cap Growth ETF

Institutional investors have recently bought and sold shares of the stock. Ameliora Wealth Management Ltd. purchased a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter worth about $25,000. BankPlus Trust Department bought a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter worth approximately $26,000. PrairieView Partners LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 80.0% during the 4th quarter. PrairieView Partners LLC now owns 225 shares of the company’s stock worth $28,000 after acquiring an additional 100 shares during the period. Insight Inv LLC purchased a new position in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at approximately $38,000. Finally, Mascoma Wealth Management LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 86.9% in the fourth quarter. Mascoma Wealth Management LLC now owns 314 shares of the company’s stock worth $40,000 after purchasing an additional 146 shares during the period.

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).