34,543 Shares in iShares Russell Mid-Cap ETF $IWR Bought by Sowell Financial Services LLC

Sowell Financial Services LLC acquired a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 34,543 shares of the company’s stock, valued at approximately $3,686,000.

Other large investors have also recently bought and sold shares of the company. Baird Financial Group Inc. lifted its holdings in iShares Russell Mid-Cap ETF by 18.8% in the second 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 period. Envestnet Asset Management Inc. boosted its position in shares of iShares Russell Mid-Cap ETF by 0.7% during the 2nd 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 stake in shares of iShares Russell Mid-Cap ETF by 2.0% during the 1st 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 during the period. Fifth Third Bancorp grew its stake in shares of iShares Russell Mid-Cap ETF by 25.7% during the 1st quarter. Fifth Third Bancorp now owns 2,547,979 shares of the company’s stock worth $247,740,000 after purchasing an additional 521,709 shares during the period. Finally, Glenview Trust Co grew its stake in shares of iShares Russell Mid-Cap ETF by 3.4% during the 1st quarter. Glenview Trust Co now owns 1,350,641 shares of the company’s stock worth $131,323,000 after purchasing an additional 44,178 shares during the period. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 1.0%

Shares of IWR opened at $111.56 on Friday. The company has a 50-day simple moving average of $109.84 and a 200-day simple moving average of $105.95. The company has a market capitalization of $58.07 billion, a PE ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 52-week low of $91.64 and a 52-week high of $114.97.

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.