Corundum Group Inc. Lowers Stake in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP)

Corundum Group Inc. trimmed its holdings in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) by 1.0% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 57,535 shares of the company’s stock after selling 609 shares during the period. iShares Russell Mid-Cap Growth ETF accounts for approximately 2.5% of Corundum Group Inc.’s portfolio, making the stock its 11th largest position. Corundum Group Inc.’s holdings in iShares Russell Mid-Cap Growth ETF were worth $6,349,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in IWP. ORG Partners LLC lifted its position in iShares Russell Mid-Cap Growth ETF by 73.4% during the 4th quarter. ORG Partners LLC now owns 274 shares of the company’s stock worth $29,000 after acquiring an additional 116 shares during the period. CNB Bank lifted its holdings in shares of iShares Russell Mid-Cap Growth ETF by 970.8% during the first quarter. CNB Bank now owns 257 shares of the company’s stock worth $29,000 after purchasing an additional 233 shares during the period. Tidemark LLC purchased a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at $30,000. Richardson Financial Services Inc. acquired a new position in iShares Russell Mid-Cap Growth ETF in the 4th quarter valued at $32,000. Finally, Adirondack Trust Co. raised its position in iShares Russell Mid-Cap Growth ETF by 78.3% during the 2nd 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.

iShares Russell Mid-Cap Growth ETF Price Performance

Shares of IWP stock traded up $2.06 during mid-day trading on Thursday, hitting $111.93. The stock had a trading volume of 1,151,948 shares, compared to its average volume of 811,691. iShares Russell Mid-Cap Growth ETF has a fifty-two week low of $85.24 and a fifty-two week high of $115.43. The company’s 50-day simple moving average is $110.06 and its 200-day simple moving average is $110.08. The firm has a market cap of $14.48 billion, a PE ratio of 29.60 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).