531,848 Shares in iShares Russell Mid-Cap ETF $IWR Bought by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 531,848 shares of the company’s stock, valued at approximately $56,753,000. iShares Russell Mid-Cap ETF comprises about 0.9% of Mesirow Financial Investment Management Inc.’s investment portfolio, making the stock its 25th largest holding. Mesirow Financial Investment Management Inc. owned 0.10% of iShares Russell Mid-Cap ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in IWR. Baird Financial Group Inc. grew its holdings in shares of iShares Russell Mid-Cap ETF by 18.8% in the second quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock valued at $1,176,044,000 after purchasing an additional 1,690,390 shares during the period. Keybank National Association OH acquired a new stake in iShares Russell Mid-Cap ETF during the third quarter worth about $162,899,000. Oakworth Capital Inc. purchased a new position in iShares Russell Mid-Cap ETF during the third quarter worth about $132,849,000. Lido Advisors LLC purchased a new position in iShares Russell Mid-Cap ETF during the third quarter worth about $106,134,000. Finally, Performa Ltd US LLC boosted its holdings in iShares Russell Mid-Cap ETF by 465.1% in the 2nd quarter. Performa Ltd US LLC now owns 1,124,020 shares of the company’s stock valued at $124,002,000 after purchasing an additional 925,119 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA:IWR opened at $110.59 on Wednesday. The company’s 50-day moving average is $109.37 and its two-hundred day moving average is $106.33. iShares Russell Mid-Cap ETF has a 1-year low of $91.64 and a 1-year high of $114.97. The firm has a market capitalization of $58.32 billion, a price-to-earnings ratio of 20.27 and a beta of 1.00.

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.