iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) Sees Large Volume Increase

iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) shares saw an uptick in trading volume on Friday . 1,159,739 shares traded hands during trading, an increase of 43% from the previous session’s volume of 809,975 shares.The stock last traded at $113.75 and had previously closed at $112.45.

iShares Russell Mid-Cap Growth ETF Price Performance

The stock has a market cap of $14.69 billion, a P/E ratio of 29.60 and a beta of 1.15. The business’s 50 day simple moving average is $110.87 and its 200 day simple moving average is $110.68.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. GLOBALT Investments LLC GA bought a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter worth approximately $96,179,000. Strategic Financial Concepts LLC raised its position in iShares Russell Mid-Cap Growth ETF by 10,532.1% in the 2nd quarter. Strategic Financial Concepts LLC now owns 638,244 shares of the company’s stock worth $704,000 after purchasing an additional 632,241 shares during the last quarter. BNP Paribas Financial Markets raised its position in iShares Russell Mid-Cap Growth ETF by 1,833,974.1% in the 1st quarter. BNP Paribas Financial Markets now owns 495,200 shares of the company’s stock worth $56,522,000 after purchasing an additional 495,173 shares during the last quarter. Congress Asset Management Co. MA raised its position in iShares Russell Mid-Cap Growth ETF by 124.2% in the 4th quarter. Congress Asset Management Co. MA now owns 588,875 shares of the company’s stock worth $61,514,000 after purchasing an additional 326,178 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in iShares Russell Mid-Cap Growth ETF by 442.4% during the 1st quarter. Cetera Investment Advisers now owns 391,146 shares of the company’s stock worth $44,645,000 after acquiring an additional 319,037 shares during the period.

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).