Pinnacle Financial Partners Inc Raises Stock Holdings in iShares Russell Mid-Cap Growth ETF $IWP

Pinnacle Financial Partners Inc grew its position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 3.3% in the third quarter, according to its most recent filing with the SEC. The fund owned 125,430 shares of the company’s stock after acquiring an additional 3,949 shares during the quarter. Pinnacle Financial Partners Inc owned about 0.09% of iShares Russell Mid-Cap Growth ETF worth $17,862,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Financial Gravity Companies Inc. bought a new position in iShares Russell Mid-Cap Growth ETF during the second quarter valued at $28,000. Abound Wealth Management increased its holdings in shares of iShares Russell Mid-Cap Growth ETF by 223.2% in the 3rd quarter. Abound Wealth Management now owns 223 shares of the company’s stock worth $32,000 after buying an additional 154 shares during the last quarter. Clean Yield Group purchased a new stake in shares of iShares Russell Mid-Cap Growth ETF during the 3rd quarter valued at about $33,000. Ashton Thomas Securities LLC bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the 3rd quarter valued at about $34,000. Finally, Ryan Investment Management Inc. bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the 2nd quarter valued at about $36,000. 74.49% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap Growth ETF Trading Down 0.1%

IWP opened at $141.37 on Friday. The stock has a 50-day moving average of $138.56 and a 200 day moving average of $140.51. iShares Russell Mid-Cap Growth ETF has a 12 month low of $99.85 and a 12 month high of $145.60. The firm has a market cap of $21.11 billion, a P/E ratio of 30.48 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). 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.