S&CO Inc. acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 8,344 shares of the company’s stock, valued at approximately $920,000.
Several other hedge funds have also made changes to their positions in the stock. Bank of America Corp DE lifted its position in shares of iShares Russell Mid-Cap ETF by 6.6% in the 4th quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock worth $6,408,658,000 after acquiring an additional 4,145,765 shares during the period. Wells Fargo & Company MN increased its position in shares of iShares Russell Mid-Cap ETF by 3.6% during the fourth quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock valued at $4,013,120,000 after purchasing an additional 1,438,369 shares during the period. Morgan Stanley increased its position in shares of iShares Russell Mid-Cap ETF by 4.5% during the fourth quarter. Morgan Stanley now owns 10,797,769 shares of the company’s stock valued at $1,039,501,000 after purchasing an additional 460,088 shares during the period. Bank of New York Mellon Corp raised its stake in shares of 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 purchasing an additional 756,994 shares in the last quarter. Finally, Northern Trust Corp raised its stake in shares of iShares Russell Mid-Cap ETF by 5.4% in the fourth quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock valued at $994,622,000 after purchasing an additional 526,956 shares in the last quarter. Institutional investors own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Price Performance
Shares of IWR stock opened at $114.82 on Friday. The stock has a market cap of $58.24 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a one year low of $91.64 and a one year high of $114.97. The stock has a fifty day moving average price of $109.98 and a 200 day moving average price of $104.74.
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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