Boston Trust Walden Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 22,225 shares of the company’s stock, valued at approximately $2,372,000.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Baird Financial Group Inc. raised 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 in the last quarter. Oakworth Capital Inc. acquired a new position in iShares Russell Mid-Cap ETF during the 3rd quarter worth $132,849,000. Performa Ltd US LLC grew its holdings in iShares Russell Mid-Cap ETF by 465.1% during the 2nd quarter. Performa Ltd US LLC now owns 1,124,020 shares of the company’s stock worth $124,002,000 after acquiring an additional 925,119 shares in the last quarter. Fifth Third Bancorp increased its position in shares of iShares Russell Mid-Cap ETF by 25.7% in 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 last quarter. Finally, Albion Financial Group UT bought a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth about $51,057,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Stock Performance
Shares of IWR stock traded up $0.15 during trading hours on Friday, hitting $107.80. 4,381,858 shares of the company were exchanged, compared to its average volume of 2,255,418. iShares Russell Mid-Cap ETF has a one year low of $91.64 and a one year high of $114.97. The business’s 50-day simple moving average is $109.42 and its two-hundred day simple moving average is $106.23. The stock has a market capitalization of $56.83 billion, a price-to-earnings ratio of 20.27 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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