Cerity Partners LLC boosted its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 0.9% during the 4th quarter, Holdings Channel reports. The fund owned 859,813 shares of the company’s stock after acquiring an additional 7,503 shares during the quarter. Cerity Partners LLC’s holdings in iShares Russell Mid-Cap ETF were worth $82,774,000 as of its most recent SEC filing.
Several other hedge funds have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its holdings in iShares Russell Mid-Cap ETF by 7.6% in the fourth quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock valued at $1,037,737,000 after acquiring an additional 756,994 shares in the last quarter. Northern Trust Corp raised its holdings in iShares Russell Mid-Cap ETF by 1.4% in the third quarter. Northern Trust Corp now owns 9,804,635 shares of the company’s stock valued at $946,638,000 after acquiring an additional 134,966 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in iShares Russell Mid-Cap ETF by 1.7% in the fourth quarter. JPMorgan Chase & Co. now owns 6,739,350 shares of the company’s stock valued at $648,797,000 after acquiring an additional 115,580 shares in the last quarter. AMG National Trust Bank raised its holdings in iShares Russell Mid-Cap ETF by 0.4% in the fourth quarter. AMG National Trust Bank now owns 3,811,621 shares of the company’s stock valued at $366,945,000 after acquiring an additional 13,491 shares in the last quarter. Finally, Ameriprise Financial Inc. raised its holdings in iShares Russell Mid-Cap ETF by 4.4% in the second quarter. Ameriprise Financial Inc. now owns 3,540,276 shares of the company’s stock valued at $331,052,000 after acquiring an additional 147,857 shares in the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Trading Up 0.6%
IWR stock opened at $106.92 on Wednesday. iShares Russell Mid-Cap ETF has a twelve month low of $88.83 and a twelve month high of $108.65. The company’s 50 day moving average is $103.74 and its two-hundred day moving average is $100.62. The stock has a market cap of $53.78 billion, a P/E ratio of 21.00 and a beta of 1.00.
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. 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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