Canandaigua National Bank & Trust Co. Takes Position in iShares Russell Mid-Cap Growth ETF $IWP

Canandaigua National Bank & Trust Co. purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 97,890 shares of the company’s stock, valued at approximately $14,332,000. iShares Russell Mid-Cap Growth ETF makes up approximately 1.2% of Canandaigua National Bank & Trust Co.’s portfolio, making the stock its 17th largest holding. Canandaigua National Bank & Trust Co. owned about 0.07% of iShares Russell Mid-Cap Growth ETF at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. Revolve Wealth Partners LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 7,370 shares of the company’s stock worth $934,000 after purchasing an additional 182 shares during the period. AQR Capital Management LLC grew its position in shares of 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 valued at $337,000 after buying an additional 1,074 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 2nd quarter valued at about $257,000. Qube Research & Technologies Ltd grew its position in shares of iShares Russell Mid-Cap Growth ETF by 22.6% during the 2nd quarter. Qube Research & Technologies Ltd now owns 116,038 shares of the company’s stock valued at $16,092,000 after buying an additional 21,353 shares during the last quarter. Finally, Peapack Gladstone Financial Corp raised its stake in iShares Russell Mid-Cap Growth ETF by 17.2% during the second quarter. Peapack Gladstone Financial Corp now owns 50,186 shares of the company’s stock worth $6,960,000 after acquiring an additional 7,376 shares during the period. 74.49% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap Growth ETF Stock Up 2.3%

Shares of NYSEARCA IWP opened at $143.09 on Wednesday. The firm’s 50-day moving average price is $140.83 and its two-hundred day moving average price is $136.96. iShares Russell Mid-Cap Growth ETF has a 52-week low of $122.94 and a 52-week high of $146.64. The stock has a market capitalization of $20.60 billion, a P/E ratio of 30.48 and a beta of 1.12.

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.