Mercer Global Advisors Inc. ADV Grows Stock Holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Mercer Global Advisors Inc. ADV lifted its stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 8.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,528 shares of the company’s stock after purchasing an additional 4,063 shares during the quarter. Mercer Global Advisors Inc. ADV’s holdings in iShares Russell Mid-Cap Growth ETF were worth $5,796,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in IWP. CNB Bank grew its stake in shares of iShares Russell Mid-Cap Growth ETF by 970.8% in the first quarter. CNB Bank now owns 257 shares of the company’s stock worth $29,000 after acquiring an additional 233 shares during the last quarter. Tidemark LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at about $30,000. Richardson Financial Services Inc. bought a new stake in iShares Russell Mid-Cap Growth ETF during the 4th quarter valued at about $32,000. Adirondack Trust Co. raised its holdings in iShares Russell Mid-Cap Growth ETF by 78.3% in the second quarter. Adirondack Trust Co. now owns 296 shares of the company’s stock worth $33,000 after buying an additional 130 shares during the last quarter. Finally, Lynx Investment Advisory bought a new position in shares of iShares Russell Mid-Cap Growth ETF in the second quarter worth approximately $33,000.

iShares Russell Mid-Cap Growth ETF Stock Down 0.1 %

NYSEARCA:IWP opened at $116.68 on Friday. iShares Russell Mid-Cap Growth ETF has a 52 week low of $85.24 and a 52 week high of $117.34. The stock has a market cap of $15.09 billion, a price-to-earnings ratio of 29.60 and a beta of 1.15. The company’s 50 day moving average price is $111.34 and its 200-day moving average price is $110.84.

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).