UMB Bank n.a. Grows Stock Position in iShares Russell Mid-Cap ETF $IWR

UMB Bank n.a. boosted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 906,760 shares of the company’s stock after purchasing an additional 24,680 shares during the period. iShares Russell Mid-Cap ETF comprises 1.3% of UMB Bank n.a.’s holdings, making the stock its 16th biggest holding. UMB Bank n.a. owned approximately 0.19% of iShares Russell Mid-Cap ETF worth $87,548,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in IWR. Bank of New York Mellon Corp raised its holdings in shares of iShares Russell Mid-Cap ETF by 23.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 9,899,322 shares of the company’s stock valued at $910,441,000 after purchasing an additional 1,880,984 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in iShares Russell Mid-Cap ETF by 186.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 764,638 shares of the company’s stock worth $70,324,000 after purchasing an additional 497,601 shares in the last quarter. Creative Planning lifted its stake in shares of iShares Russell Mid-Cap ETF by 35.9% during the second quarter. Creative Planning now owns 930,420 shares of the company’s stock worth $85,571,000 after buying an additional 245,879 shares during the period. Truist Financial Corp lifted its position in iShares Russell Mid-Cap ETF by 6.1% during the 3rd quarter. Truist Financial Corp now owns 4,194,401 shares of the company’s stock worth $404,969,000 after acquiring an additional 239,492 shares during the period. Finally, Thrivent Financial for Lutherans raised its stake in shares of iShares Russell Mid-Cap ETF by 348.1% in the third quarter. Thrivent Financial for Lutherans now owns 292,796 shares of the company’s stock worth $28,268,000 after purchasing an additional 227,455 shares during the last quarter. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Trading Down 0.9%

Shares of NYSEARCA IWR opened at $99.18 on Friday. The company has a 50 day simple moving average of $98.21 and a two-hundred day simple moving average of $96.32. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $101.73. The stock has a market cap of $47.37 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06.

About iShares Russell Mid-Cap ETF

iShares Russell Mid-Cap ETF (the Fund), formerly iShares Russell Midcap Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the Russell Midcap Index (the Index). The Index measures the performance of the mid-capitalization sector of the United States equity market. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.