NBT Bank N.A. Buys New Shares in iShares Russell Mid-Cap Growth ETF $IWP

NBT Bank N.A. purchased a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the third quarter, Holdings Channel.com reports. The institutional investor purchased 5,545 shares of the company’s stock, valued at approximately $763,000.

Other institutional investors have also recently made changes to their positions in the company. Root Financial Partners LLC purchased a new position in iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at $248,000. USAdvisors Wealth Management LLC grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 8.8% during the third quarter. USAdvisors Wealth Management LLC now owns 73,573 shares of the company’s stock worth $10,129,000 after buying an additional 5,965 shares in the last quarter. Fifth Third Securities Inc. grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 2.2% during the third quarter. Fifth Third Securities Inc. now owns 48,896 shares of the company’s stock worth $6,732,000 after buying an additional 1,075 shares in the last quarter. Rodgers & Associates LTD grew its holdings in shares of iShares Russell Mid-Cap Growth ETF by 0.8% during the third quarter. Rodgers & Associates LTD now owns 438,988 shares of the company’s stock worth $60,440,000 after buying an additional 3,572 shares in the last quarter. Finally, Sentinel Advisory Group LLC purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the third quarter worth $10,402,000. 74.49% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap Growth ETF Stock Down 0.3%

Shares of NYSEARCA IWP opened at $132.81 on Friday. The firm has a 50-day simple moving average of $139.33 and a 200-day simple moving average of $139.30. The stock has a market capitalization of $18.68 billion, a price-to-earnings ratio of 30.48 and a beta of 1.13. iShares Russell Mid-Cap Growth ETF has a 52 week low of $122.94 and a 52 week high of $148.29.

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.