Opal Capital LLC acquired a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) in the 4th quarter, Holdings Channel.com reports. The fund acquired 7,451 shares of the company’s stock, valued at approximately $761,000.
A number of other large investors have also recently bought and sold shares of the company. Wells Fargo & Company MN boosted its position in iShares Russell Mid-Cap ETF by 3.6% during the 4th quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after acquiring an additional 1,438,369 shares during the last quarter. Morgan Stanley boosted its position in iShares Russell Mid-Cap ETF by 4.5% during the 4th quarter. Morgan Stanley now owns 10,797,769 shares of the company’s stock worth $1,039,501,000 after acquiring an additional 460,088 shares during the last quarter. Bank of New York Mellon Corp boosted its position in iShares Russell Mid-Cap ETF by 7.6% during the 4th quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock worth $1,037,737,000 after acquiring an additional 756,994 shares during the last quarter. Northern Trust Corp boosted its position in iShares Russell Mid-Cap ETF by 1.4% during the 3rd quarter. Northern Trust Corp now owns 9,804,635 shares of the company’s stock worth $946,638,000 after acquiring an additional 134,966 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in iShares Russell Mid-Cap ETF by 1.7% during the 4th quarter. JPMorgan Chase & Co. now owns 6,739,350 shares of the company’s stock worth $648,797,000 after acquiring an additional 115,580 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Stock Down 0.4%
NYSEARCA:IWR opened at $108.94 on Wednesday. iShares Russell Mid-Cap ETF has a twelve month low of $88.83 and a twelve month high of $110.22. The business has a 50 day moving average price of $104.82 and a two-hundred day moving average price of $101.10. The company has a market cap of $54.80 billion, a P/E ratio of 21.00 and a beta of 1.00.
iShares Russell Mid-Cap ETF Company 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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