iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Hits New 52-Week High at $114.63

iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)’s share price reached a new 52-week high on Tuesday . The company traded as high as $114.63 and last traded at $114.27, with a volume of 70685 shares trading hands. The stock had previously closed at $113.59.

iShares Russell Mid-Cap Growth ETF Stock Down 2.3 %

The stock has a fifty day moving average of $110.55 and a two-hundred day moving average of $109.26. The stock has a market cap of $14.57 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15.

Institutional Trading of iShares Russell Mid-Cap Growth ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Wedmont Private Capital acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at approximately $207,000. Cornerstone Wealth Management LLC boosted its position in iShares Russell Mid-Cap Growth ETF by 2.7% during the fourth quarter. Cornerstone Wealth Management LLC now owns 5,320 shares of the company’s stock worth $556,000 after purchasing an additional 140 shares in the last quarter. Dynamic Advisor Solutions LLC acquired a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter valued at $578,000. City Holding Co. increased its position in shares of iShares Russell Mid-Cap Growth ETF by 80.7% in the fourth quarter. City Holding Co. now owns 2,764 shares of the company’s stock valued at $289,000 after buying an additional 1,234 shares in the last quarter. Finally, Advisory Resource Group acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the 4th quarter worth $238,000.

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).