Westfield Capital Management Co. LP Boosts Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Westfield Capital Management Co. LP boosted its stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1,168.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,280 shares of the company’s stock after acquiring an additional 16,839 shares during the period. Westfield Capital Management Co. LP’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,503,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. CIBC Bancorp USA Inc. bought a new position in iShares Russell Mid-Cap Growth ETF during the third quarter valued at $91,697,000. BNP Paribas Financial Markets lifted its position in iShares Russell Mid-Cap Growth ETF by 102.1% during the third quarter. BNP Paribas Financial Markets now owns 501,000 shares of the company’s stock valued at $71,347,000 after purchasing an additional 253,151 shares during the last quarter. Congress Asset Management Co. lifted its position in iShares Russell Mid-Cap Growth ETF by 118.3% during the fourth quarter. Congress Asset Management Co. now owns 458,580 shares of the company’s stock valued at $62,798,000 after purchasing an additional 248,474 shares during the last quarter. Cullen Frost Bankers Inc. lifted its position in iShares Russell Mid-Cap Growth ETF by 20.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 1,439,846 shares of the company’s stock valued at $197,173,000 after purchasing an additional 244,984 shares during the last quarter. Finally, Washington Trust Bank lifted its position in iShares Russell Mid-Cap Growth ETF by 934.5% during the fourth quarter. Washington Trust Bank now owns 165,647 shares of the company’s stock valued at $22,684,000 after purchasing an additional 149,634 shares during the last quarter. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Down 2.7%

IWP stock opened at $139.23 on Friday. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $145.60. The company has a fifty day simple moving average of $135.69 and a two-hundred day simple moving average of $136.32. The firm has a market capitalization of $20.00 billion, a P/E ratio of 30.48 and a beta of 1.13.

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). The Index measures the performance of the mid-capitalization growth sector of the United States equity market. It is a subset of the Russell Midcap Index and measures the performance of equity securities of Russell Midcap Index issuers with relatively higher price-to-book ratios and higher forecasted growth.