Hershey Financial Advisers LLC Makes New Investment in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Hershey Financial Advisers LLC purchased a new stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the second quarter, Holdings Channel reports. The institutional investor purchased 1,506 shares of the company’s stock, valued at approximately $166,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IWP. Willner & Heller LLC lifted its stake in iShares Russell Mid-Cap Growth ETF by 0.9% in the second quarter. Willner & Heller LLC now owns 10,888 shares of the company’s stock worth $1,201,000 after acquiring an additional 94 shares during the last quarter. Biltmore Family Office LLC increased its holdings in iShares Russell Mid-Cap Growth ETF by 9.6% in the first quarter. Biltmore Family Office LLC now owns 1,096 shares of the company’s stock valued at $125,000 after buying an additional 96 shares during the last quarter. Carmichael Hill & Associates Inc. raised its stake in iShares Russell Mid-Cap Growth ETF by 30.7% in the second quarter. Carmichael Hill & Associates Inc. now owns 413 shares of the company’s stock valued at $46,000 after buying an additional 97 shares in the last quarter. Private Portfolio Partners LLC lifted its holdings in iShares Russell Mid-Cap Growth ETF by 1.6% during the 1st quarter. Private Portfolio Partners LLC now owns 6,068 shares of the company’s stock worth $693,000 after buying an additional 98 shares during the last quarter. Finally, MONECO Advisors LLC boosted its position in shares of iShares Russell Mid-Cap Growth ETF by 1.1% during the 4th quarter. MONECO Advisors LLC now owns 9,184 shares of the company’s stock worth $959,000 after acquiring an additional 102 shares in the last quarter.

iShares Russell Mid-Cap Growth ETF Stock Performance

Shares of NYSEARCA IWP opened at $117.24 on Monday. The stock’s 50-day simple moving average is $111.79 and its 200-day simple moving average is $110.99. The firm has a market capitalization of $15.16 billion, a PE ratio of 29.60 and a beta of 1.15. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $85.24 and a fifty-two week high of $118.04.

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).