Corsair Capital Management L.P. Takes Position in iShares Russell Mid-Cap Growth ETF $IWP

Corsair Capital Management L.P. purchased a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 7,833 shares of the company’s stock, valued at approximately $1,004,000.

Other large investors have also recently modified their holdings of the company. Gateway Wealth Partners LLC boosted its stake in iShares Russell Mid-Cap Growth ETF by 100.3% in the 1st quarter. Gateway Wealth Partners LLC now owns 5,784 shares of the company’s stock worth $741,000 after purchasing an additional 2,897 shares in the last quarter. Matrix Private Capital Group LLC bought a new stake in iShares Russell Mid-Cap Growth ETF during the 1st quarter valued at about $218,000. Sentinel Advisory Group LLC bought a new stake in iShares Russell Mid-Cap Growth ETF during the 1st quarter valued at about $8,633,000. Compound Planning Inc. raised its holdings in iShares Russell Mid-Cap Growth ETF by 247.4% in the first quarter. Compound Planning Inc. now owns 12,010 shares of the company’s stock worth $1,539,000 after buying an additional 8,553 shares during the last quarter. Finally, MWA Asset Management raised its holdings in iShares Russell Mid-Cap Growth ETF by 1.2% in the first quarter. MWA Asset Management now owns 14,837 shares of the company’s stock worth $1,901,000 after buying an additional 179 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 Stock Performance

Shares of NYSEARCA IWP opened at $136.73 on Monday. The firm’s 50 day moving average price is $140.84 and its 200-day moving average price is $137.12. The company has a market cap of $19.77 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.

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.