Conning Inc. Acquires 16,582 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Conning Inc. lifted its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 33.8% in the first quarter, HoldingsChannel reports. The fund owned 65,605 shares of the company’s stock after buying an additional 16,582 shares during the period. Conning Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $8,405,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Richards Merrill & Peterson Inc. purchased a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter worth $25,000. CNB Bank increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 478.8% in the fourth quarter. CNB Bank now owns 191 shares of the company’s stock worth $26,000 after buying an additional 158 shares during the period. Hilton Head Capital Partners LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at about $27,000. Beaird Harris Wealth Management LLC boosted its holdings in iShares Russell Mid-Cap Growth ETF by 125.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock valued at $28,000 after acquiring an additional 110 shares during the period. Finally, Sfam LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at about $28,000. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

IWP opened at $142.55 on Friday. The stock’s 50 day simple moving average is $140.50 and its 200 day simple moving average is $137.13. The firm has a market cap of $20.88 billion, a price-to-earnings ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 1 year low of $122.94 and a 1 year high of $146.64.

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). 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.