CNB Bank Increases Stake in iShares Russell Mid-Cap Growth ETF

CNB Bank has significantly increased its investment in iShares Russell Mid-Cap Growth ETF (NYSEARCA:IWP) during the third quarter of the year. According to the latest 13F filing with the Securities and Exchange Commission, the bank raised its holdings by an impressive 146.7%. After acquiring an additional 644 shares, CNB Bank now owns a total of 1,083 shares of this ETF, valued at approximately $127,000 at the end of the quarter.

Other investment firms have also been active in adjusting their stakes in the iShares Russell Mid-Cap Growth ETF. For instance, Brookstone Capital Management raised its position by 24.7% in the first quarter, acquiring an additional 3,035 shares, bringing its total to 15,332 shares valued at $1,750,000. Similarly, Dominguez Wealth Management Solutions Inc. increased its stake by 2.2%, now holding 14,173 shares valued at $1,618,000 after adding 307 shares.

Furthermore, Abbrea Capital LLC made a new investment in the ETF worth about $209,000 in the first quarter. Advisory Alpha LLC also expanded its position by 5.6%, increasing its holdings to 2,338 shares valued at $267,000 after purchasing 124 more shares. Lastly, LongView Wealth Management acquired a new position in the ETF, valued at approximately $205,000.

Performance of iShares Russell Mid-Cap Growth ETF

As of the latest trading session, the shares of the iShares Russell Mid-Cap Growth ETF opened at $122.06. Over the past year, the ETF has experienced a low of $85.24 and a high of $122.38. The ETF boasts a market capitalization of $15.79 billion, a PE ratio of 29.60, and a beta of 1.15, indicating moderate volatility. Its 50-day moving average stands at $114.99, while the 200-day moving average is $111.67.

About iShares Russell Mid-Cap Growth ETF

The iShares Russell Mid-Cap Growth ETF, formerly known as the iShares Russell Midcap Growth Index Fund, is an exchange-traded fund that aims to provide investment results that closely match the price and yield performance of the Russell Midcap Growth Index before fees and expenses.

Additional Information

For those interested in tracking hedge fund movements concerning the iShares Russell Mid-Cap Growth ETF, you can visit HoldingsChannel.com for the latest 13F filings and insider trading information.

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CNB, ETFs, Investments