Park National Corp OH Makes New $992,000 Investment in iShares Russell Mid-Cap Growth ETF $IWP

Park National Corp OH purchased a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the first quarter, HoldingsChannel reports. The fund purchased 7,745 shares of the company’s stock, valued at approximately $992,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Revolve Wealth Partners LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 2.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after acquiring an additional 182 shares in the last quarter. AQR Capital Management LLC grew its stake in iShares Russell Mid-Cap Growth ETF by 59.9% in the first quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock valued at $337,000 after acquiring an additional 1,074 shares during the period. First Trust Advisors LP bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the second quarter worth about $257,000. Qube Research & Technologies Ltd increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 22.6% in the second quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock worth $16,092,000 after acquiring an additional 21,353 shares in the last quarter. Finally, Peapack Gladstone Financial Corp raised its position in shares of iShares Russell Mid-Cap Growth ETF by 17.2% during the second quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock worth $6,960,000 after purchasing an additional 7,376 shares during the period. Institutional investors and hedge funds own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA IWP opened at $141.95 on Monday. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $145.60. The firm has a market cap of $20.39 billion, a P/E ratio of 30.48 and a beta of 1.13. The stock’s 50-day moving average is $138.16 and its 200-day moving average is $136.68.

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.