Parkside Financial Bank & Trust Grows Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Parkside Financial Bank & Trust raised its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 53.1% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 4,470 shares of the company’s stock after acquiring an additional 1,550 shares during the quarter. Parkside Financial Bank & Trust’s holdings in iShares Russell Mid-Cap ETF were worth $395,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWR. Strategic Financial Concepts LLC raised its stake in iShares Russell Mid-Cap ETF by 9,889.6% in the fourth quarter. Strategic Financial Concepts LLC now owns 544,732 shares of the company’s stock valued at $48,154,000 after buying an additional 539,279 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the third quarter valued at about $32,886,000. Atlas Legacy Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at about $24,598,000. JPMorgan Chase & Co. increased its holdings in shares of iShares Russell Mid-Cap ETF by 2.9% in the third quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock valued at $622,261,000 after purchasing an additional 198,719 shares during the period. Finally, PFW Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at about $17,061,000.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock opened at $89.46 on Friday. The stock’s 50-day simple moving average is $90.72 and its 200-day simple moving average is $89.63. The firm has a market capitalization of $38.94 billion, a PE ratio of 21.79 and a beta of 1.12. iShares Russell Mid-Cap ETF has a fifty-two week low of $78.36 and a fifty-two week high of $96.00.

iShares Russell Mid-Cap ETF 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.