Advantage Trust Co Takes $28,000 Position in iShares Russell Mid-Cap ETF $IWR

Advantage Trust Co acquired a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 304 shares of the company’s stock, valued at approximately $28,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp raised its holdings in shares of iShares Russell Mid-Cap ETF by 6.9% in the 1st quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock valued at $5,628,396,000 after purchasing an additional 4,290,076 shares in the last quarter. US Bancorp DE raised its holdings in shares of iShares Russell Mid-Cap ETF by 2.2% in the 1st quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock valued at $1,644,034,000 after purchasing an additional 418,491 shares in the last quarter. Northern Trust Corp raised its holdings in shares of iShares Russell Mid-Cap ETF by 0.8% in the 1st quarter. Northern Trust Corp now owns 9,371,071 shares of the company’s stock valued at $797,197,000 after purchasing an additional 75,638 shares in the last quarter. Baird Financial Group Inc. raised its holdings in shares of iShares Russell Mid-Cap ETF by 1.8% in the 1st quarter. Baird Financial Group Inc. now owns 8,218,663 shares of the company’s stock valued at $699,162,000 after purchasing an additional 142,576 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in shares of iShares Russell Mid-Cap ETF by 11.7% in the 1st quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock valued at $682,120,000 after purchasing an additional 840,839 shares in the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Trading Up 1.2%

Shares of IWR opened at $96.40 on Tuesday. The firm’s fifty day simple moving average is $95.89 and its 200-day simple moving average is $91.20. iShares Russell Mid-Cap ETF has a twelve month low of $73.17 and a twelve month high of $97.80. The firm has a market capitalization of $45.05 billion, a price-to-earnings ratio of 21.00 and a beta of 1.09.

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.