Y Intercept Hong Kong Ltd Makes New $557,000 Investment in iShares Russell Mid-Cap Growth ETF $IWP

Y Intercept Hong Kong Ltd bought a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,346 shares of the company’s stock, valued at approximately $557,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IWP. Revolve Wealth Partners LLC raised its stake in iShares Russell Mid-Cap Growth ETF by 2.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock valued at $934,000 after purchasing an additional 182 shares during the last quarter. AQR Capital Management LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 59.9% during the 1st quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock worth $337,000 after purchasing an additional 1,074 shares during the last quarter. First Trust Advisors LP purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the second quarter worth $257,000. Qube Research & Technologies Ltd grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 22.6% during the second quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock worth $16,092,000 after buying 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% in the second quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock valued at $6,960,000 after buying an additional 7,376 shares during the last quarter. Hedge funds and other institutional investors own 74.49% of the company’s stock.

iShares Russell Mid-Cap Growth ETF Trading Down 1.3%

NYSEARCA:IWP opened at $140.70 on Tuesday. The company’s 50-day moving average price is $140.59 and its 200-day moving average price is $137.12. The company has a market cap of $20.63 billion, a P/E ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a twelve month low of $122.94 and a twelve month high of $146.64.

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.