iShares Russell Mid-Cap ETF $IWR Shares Acquired by Brown Advisory Inc.

Brown Advisory Inc. lifted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 10.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 370,965 shares of the company’s stock after acquiring an additional 35,565 shares during the period. Brown Advisory Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $35,713,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. CreativeOne Wealth LLC raised its stake in iShares Russell Mid-Cap ETF by 45.7% in the 4th quarter. CreativeOne Wealth LLC now owns 13,634 shares of the company’s stock valued at $1,313,000 after purchasing an additional 4,274 shares during the last quarter. Johnson Investment Counsel Inc. raised its stake in iShares Russell Mid-Cap ETF by 5.5% in the 4th quarter. Johnson Investment Counsel Inc. now owns 2,817,442 shares of the company’s stock valued at $271,235,000 after purchasing an additional 146,142 shares during the last quarter. Segall Bryant & Hamill LLC acquired a new position in iShares Russell Mid-Cap ETF in the 4th quarter valued at about $1,549,000. River Wealth Advisors LLC raised its stake in iShares Russell Mid-Cap ETF by 4.5% in the 4th quarter. River Wealth Advisors LLC now owns 430,189 shares of the company’s stock valued at $41,414,000 after purchasing an additional 18,630 shares during the last quarter. Finally, UMB Bank n.a. raised its stake in iShares Russell Mid-Cap ETF by 6.5% in the 4th quarter. UMB Bank n.a. now owns 965,862 shares of the company’s stock valued at $92,984,000 after purchasing an additional 59,102 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.7%

Shares of IWR stock opened at $109.43 on Tuesday. The firm has a 50-day moving average price of $104.60 and a 200 day moving average price of $101.01. iShares Russell Mid-Cap ETF has a twelve month low of $88.83 and a twelve month high of $110.16. The company has a market capitalization of $55.04 billion, a price-to-earnings 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.