Procyon Advisors LLC Acquires 22,093 Shares of iShares Russell Mid-Cap Growth ETF $IWP

Procyon Advisors LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 152.3% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 36,601 shares of the company’s stock after purchasing an additional 22,093 shares during the period. Procyon Advisors LLC’s holdings in iShares Russell Mid-Cap Growth ETF were worth $4,689,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Richards Merrill & Peterson Inc. purchased a new position in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at $25,000. CNB Bank grew its position in iShares Russell Mid-Cap Growth ETF by 478.8% in the 4th quarter. CNB Bank now owns 191 shares of the company’s stock valued at $26,000 after acquiring an additional 158 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF in the fourth quarter worth $27,000. Beaird Harris Wealth Management LLC increased its stake in iShares Russell Mid-Cap Growth ETF by 125.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 198 shares of the company’s stock worth $28,000 after purchasing an additional 110 shares during the period. Finally, Sfam LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the fourth quarter worth $28,000. 74.49% of the stock is owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Performance

NYSEARCA:IWP opened at $142.55 on Monday. The company has a market cap of $20.90 billion, a price-to-earnings 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. The stock has a fifty day simple moving average of $140.50 and a 200-day simple moving average of $137.11.

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.