iShares Russell Mid-Cap Growth ETF $IWP Shares Newly Acquired by Canandaigua National Trust Co of Florida

Canandaigua National Trust Co of Florida acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 8,296 shares of the company’s stock, valued at approximately $1,142,000.

Other hedge funds have also modified their holdings of the company. Wellington Management Group LLP acquired a new stake in iShares Russell Mid-Cap Growth ETF in the 2nd quarter valued at $54,218,000. Fifth Third Bancorp lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 153.0% during the first quarter. Fifth Third Bancorp now owns 511,007 shares of the company’s stock valued at $65,470,000 after acquiring an additional 309,058 shares during the period. Align Financial LLC acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at $38,443,000. GenWealth Group Inc. acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 2nd quarter valued at $30,490,000. Finally, Hsbc Holdings PLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter worth about $23,113,000. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Trading Down 1.4%

IWP stock traded down $1.98 during trading on Wednesday, hitting $141.46. 459,556 shares of the stock traded hands, compared to its average volume of 879,954. iShares Russell Mid-Cap Growth ETF has a one year low of $122.94 and a one year high of $148.29. The stock has a market cap of $19.88 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13. The company has a 50 day simple moving average of $140.53 and a 200 day simple moving average of $138.54.

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.