Edgemoor Investment Advisors Inc. Makes New $210,000 Investment in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Edgemoor Investment Advisors Inc. purchased a new position in shares of iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 1,660 shares of the company’s stock, valued at approximately $210,000.

Several other hedge funds have also recently added to or reduced their stakes in IWP. Ameliora Wealth Management Ltd. bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at about $25,000. BankPlus Trust Department bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at about $26,000. PrairieView Partners LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 80.0% in the 4th quarter. PrairieView Partners LLC now owns 225 shares of the company’s stock valued at $28,000 after acquiring an additional 100 shares during the last quarter. Insight Inv LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at about $38,000. Finally, Mascoma Wealth Management LLC lifted its stake in shares of iShares Russell Mid-Cap Growth ETF by 86.9% in the 4th quarter. Mascoma Wealth Management LLC now owns 314 shares of the company’s stock valued at $40,000 after acquiring an additional 146 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Trading Up 3.2 %

NYSEARCA IWP opened at $118.60 on Monday. iShares Russell Mid-Cap Growth ETF has a 1-year low of $101.12 and a 1-year high of $139.68. The stock has a 50-day moving average of $130.56 and a 200-day moving average of $126.29. The firm has a market cap of $16.27 billion, a PE ratio of 28.98 and a beta of 1.16.

About iShares Russell Mid-Cap Growth ETF

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).