Saxon Interests Inc. Takes $1.63 Million Position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Saxon Interests Inc. bought a new position in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 16,903 shares of the company’s stock, valued at approximately $1,633,000. iShares Russell Mid-Cap Growth ETF makes up about 0.9% of Saxon Interests Inc.’s holdings, making the stock its 27th largest holding.

Several other institutional investors have also bought and sold shares of the stock. MAS Advisors LLC raised its position in iShares Russell Mid-Cap Growth ETF by 46.6% in the 1st quarter. MAS Advisors LLC now owns 5,034 shares of the company’s stock valued at $513,000 after purchasing an additional 1,599 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of iShares Russell Mid-Cap Growth ETF by 38.9% in the first quarter. Rhumbline Advisers now owns 8,439 shares of the company’s stock valued at $848,000 after buying an additional 2,363 shares during the last quarter. Cibc World Market Inc. acquired a new stake in shares of iShares Russell Mid-Cap Growth ETF in the 1st quarter valued at $505,000. Merit Financial Group LLC bought a new stake in shares of iShares Russell Mid-Cap Growth ETF during the first quarter worth $285,000. Finally, NewEdge Advisors LLC raised its holdings in iShares Russell Mid-Cap Growth ETF by 4.6% during the 1st quarter. NewEdge Advisors LLC now owns 77,406 shares of the company’s stock worth $7,779,000 after purchasing an additional 3,379 shares during the last quarter.

iShares Russell Mid-Cap Growth ETF Price Performance

IWP traded down $0.79 during mid-day trading on Tuesday, hitting $92.91. The stock had a trading volume of 183,274 shares, compared to its average volume of 636,990. iShares Russell Mid-Cap Growth ETF has a 1-year low of $75.88 and a 1-year high of $100.93. The firm has a market capitalization of $12.61 billion, a price-to-earnings ratio of 25.03 and a beta of 1.10. The stock’s fifty day simple moving average is $96.41 and its 200-day simple moving average is $92.76.

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).