LPL Financial LLC Buys 313,199 Shares of iShares Russell Mid-Cap ETF $IWR

LPL Financial LLC lifted its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 9.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,520,066 shares of the company’s stock after buying an additional 313,199 shares during the period. LPL Financial LLC’s holdings in iShares Russell Mid-Cap ETF were worth $338,877,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. HFM Investment Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $28,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of iShares Russell Mid-Cap ETF in the third quarter valued at approximately $32,000. Smartleaf Asset Management LLC boosted its stake in shares of iShares Russell Mid-Cap ETF by 192.0% in the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after buying an additional 263 shares during the period. Dorato Capital Management bought a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $43,000. Finally, Basepoint Wealth LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $43,000. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Trading Up 0.1%

Shares of IWR stock opened at $106.30 on Tuesday. The stock has a 50 day simple moving average of $103.51 and a 200 day simple moving average of $100.52. iShares Russell Mid-Cap ETF has a 1 year low of $88.83 and a 1 year high of $108.65. The stock has a market cap of $53.47 billion, a P/E ratio of 21.00 and a beta of 1.00.

iShares Russell Mid-Cap ETF Company Profile

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.