Cadence Bank Makes New $1.65 Million Investment in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Cadence Bank acquired a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 3rd quarter, Holdings Channel reports. The firm acquired 14,029 shares of the company’s stock, valued at approximately $1,645,000.

A number of other hedge funds have also made changes to their positions in IWP. Vanguard Group Inc. raised its position in iShares Russell Mid-Cap Growth ETF by 0.6% in the first quarter. Vanguard Group Inc. now owns 38,210 shares of the company’s stock valued at $4,361,000 after purchasing an additional 246 shares during the period. O Shaughnessy Asset Management LLC grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 43.1% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,688 shares of the company’s stock valued at $193,000 after buying an additional 508 shares in the last quarter. Silvercrest Asset Management Group LLC raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 13.5% during the 1st quarter. Silvercrest Asset Management Group LLC now owns 15,991 shares of the company’s stock valued at $1,825,000 after buying an additional 1,898 shares during the period. Beacon Capital Management LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 162.3% during the 1st quarter. Beacon Capital Management LLC now owns 577 shares of the company’s stock worth $66,000 after acquiring an additional 357 shares in the last quarter. Finally, New Covenant Trust Company N.A. purchased a new position in iShares Russell Mid-Cap Growth ETF in the 1st quarter worth approximately $114,000.

iShares Russell Mid-Cap Growth ETF Price Performance

iShares Russell Mid-Cap Growth ETF stock opened at $135.54 on Wednesday. iShares Russell Mid-Cap Growth ETF has a 12-month low of $95.85 and a 12-month high of $136.34. The firm’s fifty day moving average price is $122.69 and its 200 day moving average price is $114.92. The company has a market capitalization of $17.53 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15.

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).