Welch & Forbes LLC Purchases New Shares in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Welch & Forbes LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 2,048 shares of the company’s stock, valued at approximately $214,000.

A number of other institutional investors have also recently added to or reduced their stakes in IWP. Authentikos Wealth Advisory LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the 3rd quarter valued at $29,000. ORG Partners LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 73.4% in the fourth quarter. ORG Partners LLC now owns 274 shares of the company’s stock worth $29,000 after purchasing an additional 116 shares in the last quarter. Life Planning Partners Inc bought a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at about $30,000. AlphaMark Advisors LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF during the fourth quarter valued at approximately $49,000. Finally, Pflug Koory LLC bought a new position in iShares Russell Mid-Cap Growth ETF during the 3rd quarter worth approximately $51,000.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA IWP traded down $0.80 during trading on Wednesday, reaching $109.15. The stock had a trading volume of 158,998 shares, compared to its average volume of 801,224. The firm’s 50 day moving average price is $110.91 and its two-hundred day moving average price is $104.19. iShares Russell Mid-Cap Growth ETF has a one year low of $85.24 and a one year high of $114.60. The stock has a market cap of $14.78 billion, a PE ratio of 29.10 and a beta of 1.14.

iShares Russell Mid-Cap Growth ETF 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).