PFG Advisors purchased a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 12,603 shares of the company’s stock, valued at approximately $1,217,000.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp boosted its position in shares of iShares Russell Mid-Cap ETF by 8.1% in the third quarter. Jones Financial Companies Lllp now owns 75,344,008 shares of the company’s stock valued at $7,245,741,000 after acquiring an additional 5,633,614 shares during the period. BNP Paribas Financial Markets grew its stake in shares of iShares Russell Mid-Cap ETF by 186.3% in the second quarter. BNP Paribas Financial Markets now owns 764,638 shares of the company’s stock valued at $70,324,000 after acquiring an additional 497,601 shares in the last quarter. Creative Planning increased its position in iShares Russell Mid-Cap ETF by 35.9% during the second quarter. Creative Planning now owns 930,420 shares of the company’s stock worth $85,571,000 after acquiring an additional 245,879 shares during the period. Truist Financial Corp increased its position in iShares Russell Mid-Cap ETF by 6.1% during the third quarter. Truist Financial Corp now owns 4,194,401 shares of the company’s stock worth $404,969,000 after acquiring an additional 239,492 shares during the period. Finally, Thrivent Financial for Lutherans raised its stake in iShares Russell Mid-Cap ETF by 348.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 292,796 shares of the company’s stock worth $28,268,000 after purchasing an additional 227,455 shares in the last quarter. 80.16% of the stock is owned by institutional investors and hedge funds.
iShares Russell Mid-Cap ETF Stock Down 0.3%
NYSEARCA IWR opened at $98.96 on Thursday. The firm has a 50-day moving average price of $100.68 and a two-hundred day moving average price of $97.75. iShares Russell Mid-Cap ETF has a 12-month low of $73.17 and a 12-month high of $103.53. The company has a market capitalization of $47.33 billion, a P/E ratio of 21.00 and a beta of 1.06.
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. 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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