Passumpsic Savings Bank Invests $1.96 Million in iShares Russell Mid-Cap Growth ETF $IWP

Passumpsic Savings Bank acquired a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 14,289 shares of the company’s stock, valued at approximately $1,957,000.

Other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp raised its position in iShares Russell Mid-Cap Growth ETF by 6.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 5,577,746 shares of the company’s stock valued at $794,992,000 after purchasing an additional 345,906 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares Russell Mid-Cap Growth ETF by 171.1% in the 3rd quarter. Envestnet Asset Management Inc. now owns 5,397,376 shares of the company’s stock valued at $768,640,000 after purchasing an additional 3,406,598 shares during the last quarter. First Command Advisory Services Inc. raised its position in iShares Russell Mid-Cap Growth ETF by 80,392.3% in the 3rd quarter. First Command Advisory Services Inc. now owns 3,554,538 shares of the company’s stock valued at $506,202,000 after purchasing an additional 3,550,122 shares during the last quarter. Ameriprise Financial Inc. raised its position in iShares Russell Mid-Cap Growth ETF by 1.0% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,551,080 shares of the company’s stock valued at $363,274,000 after purchasing an additional 26,261 shares during the last quarter. Finally, UBS Group AG boosted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.3% in the fourth quarter. UBS Group AG now owns 2,367,920 shares of the company’s stock valued at $324,263,000 after acquiring an additional 52,544 shares in the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Price Performance

NYSEARCA IWP opened at $136.12 on Monday. The stock has a market capitalization of $19.55 billion, a P/E ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $145.60. The firm has a 50-day moving average price of $133.11 and a 200 day moving average price of $136.29.

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.