First Financial Bank Trust Division purchased a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 14,594 shares of the company’s stock, valued at approximately $1,557,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Baird Financial Group Inc. increased its stake in iShares Russell Mid-Cap ETF by 18.8% during the second quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock worth $1,176,044,000 after acquiring an additional 1,690,390 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in shares of iShares Russell Mid-Cap ETF by 3.6% in the 4th quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after purchasing an additional 1,438,369 shares during the period. Performa Ltd US LLC boosted its holdings in shares of 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 worth $124,002,000 after purchasing an additional 925,119 shares during the period. Bank of New York Mellon Corp increased its position in shares of iShares Russell Mid-Cap ETF by 7.6% during the 4th quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock valued at $1,037,737,000 after purchasing an additional 756,994 shares during the last quarter. Finally, Fifth Third Bancorp increased its position in shares of iShares Russell Mid-Cap ETF by 25.7% during the 1st quarter. Fifth Third Bancorp now owns 2,547,979 shares of the company’s stock valued at $247,740,000 after purchasing an additional 521,709 shares during the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Trading Up 0.8%
NYSEARCA:IWR traded up $0.88 during midday trading on Thursday, hitting $107.59. 1,567,896 shares of the company traded hands, compared to its average volume of 2,241,593. The firm has a market capitalization of $55.27 billion, a P/E ratio of 21.00 and a beta of 1.00. The firm’s fifty day moving average is $110.93 and its 200-day moving average is $106.97. iShares Russell Mid-Cap ETF has a 12-month low of $91.64 and a 12-month high of $114.97.
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.
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