UMB Bank n.a. Increases Stock Holdings in iShares Russell Mid-Cap ETF $IWR

UMB Bank n.a. grew its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 906,760 shares of the company’s stock after purchasing an additional 24,680 shares during the quarter. iShares Russell Mid-Cap ETF makes up 1.3% of UMB Bank n.a.’s holdings, making the stock its 16th biggest position. UMB Bank n.a.’s holdings in iShares Russell Mid-Cap ETF were worth $87,548,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in IWR. First Horizon Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $10,431,000. D.A. Davidson & CO. raised its position in iShares Russell Mid-Cap ETF by 2.0% in the third quarter. D.A. Davidson & CO. now owns 318,885 shares of the company’s stock valued at $30,788,000 after purchasing an additional 6,307 shares during the period. Ashton Thomas Securities LLC acquired a new position in iShares Russell Mid-Cap ETF during the 3rd quarter worth about $810,000. Assetmark Inc. lifted its position in shares of iShares Russell Mid-Cap ETF by 65.4% during the second quarter. Assetmark Inc. now owns 5,190 shares of the company’s stock worth $477,000 after purchasing an additional 2,053 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in iShares Russell Mid-Cap ETF by 156.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 15,134 shares of the company’s stock worth $1,461,000 after buying an additional 9,228 shares in the last quarter. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Trading Down 0.9%

Shares of NYSEARCA IWR opened at $99.18 on Friday. The business’s fifty day simple moving average is $98.21 and its 200-day simple moving average is $96.32. iShares Russell Mid-Cap ETF has a 12-month low of $73.17 and a 12-month high of $101.73. The stock has a market cap of $47.37 billion, a P/E ratio of 21.00 and a beta of 1.06.

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. 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.