Abbrea Capital LLC Invests $209,000 in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Abbrea Capital LLC purchased a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,830 shares of the company’s stock, valued at approximately $209,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Dougherty Wealth Advisers LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth approximately $3,271,000. Wealthsource Partners LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at $216,000. Eubel Brady & Suttman Asset Management Inc. acquired a new stake in iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at $221,000. International Assets Investment Management LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at $20,118,000. Finally, Brookstone Capital Management grew its stake in iShares Russell Mid-Cap Growth ETF by 24.7% in the 1st quarter. Brookstone Capital Management now owns 15,332 shares of the company’s stock valued at $1,750,000 after acquiring an additional 3,035 shares during the period.

iShares Russell Mid-Cap Growth ETF Trading Up 0.4 %

IWP traded up $0.44 on Monday, hitting $113.59. The company had a trading volume of 588,013 shares, compared to its average volume of 741,564. The firm has a market cap of $14.69 billion, a P/E ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a 1 year low of $85.24 and a 1 year high of $114.60. The company’s fifty day moving average price is $110.31 and its 200 day moving average price is $109.10.

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).