Fifth Third Bancorp Grows Stock Position in iShares Russell Mid-Cap ETF $IWR

Fifth Third Bancorp boosted its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 25.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 2,547,979 shares of the company’s stock after buying an additional 521,709 shares during the quarter. Fifth Third Bancorp’s holdings in iShares Russell Mid-Cap ETF were worth $247,740,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Tompkins Financial Corp lifted its holdings in iShares Russell Mid-Cap ETF by 465.7% during the fourth quarter. Tompkins Financial Corp now owns 116,276 shares of the company’s stock valued at $11,194,000 after purchasing an additional 95,723 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of iShares Russell Mid-Cap ETF by 163.8% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 39,916 shares of the company’s stock worth $3,885,000 after acquiring an additional 24,782 shares during the period. Argentarii LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth about $1,397,000. NorthRock Partners LLC lifted its holdings in iShares Russell Mid-Cap ETF by 1,296.2% in the 3rd quarter. NorthRock Partners LLC now owns 533,490 shares of the company’s stock worth $51,508,000 after purchasing an additional 495,279 shares in the last quarter. Finally, Shelton Wealth Management LLC boosted its stake in iShares Russell Mid-Cap ETF by 27.2% in the 4th quarter. Shelton Wealth Management LLC now owns 78,830 shares of the company’s stock worth $7,589,000 after purchasing an additional 16,864 shares during the period. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.0%

Shares of NYSEARCA:IWR traded up $0.02 during midday trading on Friday, reaching $110.02. 2,942,108 shares of the company were exchanged, compared to its average volume of 2,528,392. The stock has a market cap of $56.93 billion, a PE ratio of 21.00 and a beta of 1.00. The business’s fifty day moving average is $107.36 and its two-hundred day moving average is $102.64. iShares Russell Mid-Cap ETF has a one year low of $91.36 and a one year high of $111.43.

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.