FineMark National Bank & Trust Acquires 6,078 Shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

FineMark National Bank & Trust raised its holdings in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 24.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 31,119 shares of the company’s stock after buying an additional 6,078 shares during the quarter. FineMark National Bank & Trust’s holdings in iShares Russell Mid-Cap Growth ETF were worth $3,944,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Jones Financial Companies Lllp raised its holdings in iShares Russell Mid-Cap Growth ETF by 3.0% in the 4th quarter. Jones Financial Companies Lllp now owns 4,537,638 shares of the company’s stock valued at $575,146,000 after acquiring an additional 133,265 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of iShares Russell Mid-Cap Growth ETF by 1.1% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,687,537 shares of the company’s stock valued at $340,645,000 after purchasing an additional 29,499 shares during the period. LPL Financial LLC raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 18.8% in the fourth quarter. LPL Financial LLC now owns 2,154,407 shares of the company’s stock valued at $273,096,000 after purchasing an additional 340,267 shares in the last quarter. Cassaday & Co Wealth Management LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 0.3% in the fourth quarter. Cassaday & Co Wealth Management LLC now owns 2,139,686 shares of the company’s stock worth $271,205,000 after purchasing an additional 5,536 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its stake in iShares Russell Mid-Cap Growth ETF by 26.1% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 1,881,474 shares of the company’s stock worth $238,477,000 after buying an additional 389,972 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $124.40 on Wednesday. iShares Russell Mid-Cap Growth ETF has a 52-week low of $101.12 and a 52-week high of $139.68. The firm has a market capitalization of $17.47 billion, a PE ratio of 29.68 and a beta of 1.16. The company’s fifty day moving average price is $129.60 and its two-hundred day moving average price is $126.78.

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).