M&T Bank Corp Sells 4,354 Shares of iShares Russell Mid-Cap Growth ETF $IWP

M&T Bank Corp cut its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 314,036 shares of the company’s stock after selling 4,354 shares during the period. M&T Bank Corp owned about 0.21% of iShares Russell Mid-Cap Growth ETF worth $44,722,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. First Citizens Bank & Trust Co. lifted its position in shares of iShares Russell Mid-Cap Growth ETF by 14.2% in the third quarter. First Citizens Bank & Trust Co. now owns 1,697,745 shares of the company’s stock valued at $241,776,000 after acquiring an additional 211,174 shares in the last quarter. First Horizon Corp purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the third quarter worth about $6,143,000. Allspring Global Investments Holdings LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 207.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 10,610 shares of the company’s stock valued at $1,506,000 after purchasing an additional 7,154 shares during the period. Avantax Advisory Services Inc. raised its stake in iShares Russell Mid-Cap Growth ETF by 2.8% during the 2nd quarter. Avantax Advisory Services Inc. now owns 89,685 shares of the company’s stock valued at $12,437,000 after purchasing an additional 2,437 shares during the period. Finally, American Wealth Advisors LLC purchased a new position in iShares Russell Mid-Cap Growth ETF in the 3rd quarter worth approximately $1,954,000. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Price Performance

IWP stock opened at $129.63 on Friday. iShares Russell Mid-Cap Growth ETF has a 1-year low of $99.85 and a 1-year high of $145.60. The company has a market capitalization of $19.02 billion, a price-to-earnings ratio of 30.48 and a beta of 1.15. The business has a 50 day simple moving average of $136.87 and a two-hundred day simple moving average of $139.35.

iShares Russell Mid-Cap Growth ETF Company 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.