iShares Russell Mid-Cap Growth ETF $IWP is Mechanics Bank Trust Department’s 6th Largest Position

Mechanics Bank Trust Department raised its position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 4.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 145,534 shares of the company’s stock after acquiring an additional 5,838 shares during the period. iShares Russell Mid-Cap Growth ETF makes up approximately 2.6% of Mechanics Bank Trust Department’s holdings, making the stock its 6th biggest holding. Mechanics Bank Trust Department owned 0.10% of iShares Russell Mid-Cap Growth ETF worth $21,308,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of IWP. Revolve Wealth Partners LLC increased its position in iShares Russell Mid-Cap Growth ETF by 2.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock valued at $934,000 after buying an additional 182 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 59.9% during the first quarter. AQR Capital Management LLC now owns 2,868 shares of the company’s stock worth $337,000 after acquiring an additional 1,074 shares during the last quarter. First Trust Advisors LP acquired a new position in shares of iShares Russell Mid-Cap Growth ETF during the second quarter valued at about $257,000. Qube Research & Technologies Ltd increased 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 valued at $16,092,000 after acquiring 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 2nd quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock valued at $6,960,000 after purchasing an additional 7,376 shares during the last quarter. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Down 0.8%

IWP stock opened at $141.96 on Thursday. The stock has a market capitalization of $20.44 billion, a PE ratio of 30.48 and a beta of 1.12. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $146.64. The firm has a 50 day moving average of $140.85 and a 200 day moving average of $136.97.

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.