Farmers & Merchants Trust Co of Chambersburg PA Purchases 4,992 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Farmers & Merchants Trust Co of Chambersburg PA lifted its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 30.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 21,236 shares of the company’s stock after buying an additional 4,992 shares during the period. Farmers & Merchants Trust Co of Chambersburg PA’s holdings in iShares Russell Mid-Cap Growth ETF were worth $2,721,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of IWP. Richards Merrill & Peterson Inc. purchased a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter worth approximately $25,000. CNB Bank raised its stake in shares of iShares Russell Mid-Cap Growth ETF by 478.8% during the fourth quarter. CNB Bank now owns 191 shares of the company’s stock worth $26,000 after acquiring an additional 158 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new position in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter worth approximately $27,000. Beaird Harris Wealth Management LLC lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 125.0% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after acquiring an additional 110 shares during the last quarter. Finally, Sfam LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth approximately $28,000. Institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of iShares Russell Mid-Cap Growth ETF stock opened at $141.59 on Thursday. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $146.64. The company has a fifty day moving average of $140.12 and a 200-day moving average of $137.06. The stock has a market capitalization of $20.74 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12.

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.