Keybank National Association OH bought a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,526,561 shares of the company’s stock, valued at approximately $162,899,000.
Several other institutional investors and hedge funds have also recently modified their holdings of IWR. Baird Financial Group Inc. boosted its position in shares of iShares Russell Mid-Cap ETF by 18.8% during the 2nd quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock valued at $1,176,044,000 after acquiring an additional 1,690,390 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of iShares Russell Mid-Cap ETF by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,500,690 shares of the company’s stock worth $496,505,000 after purchasing an additional 29,329 shares in the last quarter. AMG National Trust Bank grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.0% during the first quarter. AMG National Trust Bank now owns 3,889,097 shares of the company’s stock worth $378,137,000 after purchasing an additional 77,476 shares in the last quarter. Glenview Trust Co grew its holdings in shares of iShares Russell Mid-Cap ETF by 0.8% during the third quarter. Glenview Trust Co now owns 1,418,745 shares of the company’s stock worth $151,394,000 after purchasing an additional 10,717 shares in the last quarter. Finally, Oakworth Capital Inc. bought a new position in shares of iShares Russell Mid-Cap ETF in the third quarter worth approximately $132,849,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Trading Down 0.1%
IWR stock opened at $110.59 on Wednesday. The company’s 50 day moving average is $109.37 and its 200 day moving average is $106.33. The stock has a market cap of $58.32 billion, a price-to-earnings ratio of 20.27 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 1-year low of $91.64 and a 1-year 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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