Canandaigua National Trust Co of Florida purchased a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,026 shares of the company’s stock, valued at approximately $536,000.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Wells Fargo & Company MN boosted 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 worth $4,013,120,000 after buying an additional 1,438,369 shares during the period. Baird Financial Group Inc. grew its holdings in shares of iShares Russell Mid-Cap ETF by 18.8% during the second quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock worth $1,176,044,000 after buying an additional 1,690,390 shares in the last quarter. JPMorgan Chase & Co. raised its position in iShares Russell Mid-Cap ETF by 1.7% in the 4th quarter. JPMorgan Chase & Co. now owns 6,739,350 shares of the company’s stock valued at $648,797,000 after buying an additional 115,580 shares during the last quarter. Envestnet Asset Management Inc. raised its position in iShares Russell Mid-Cap ETF by 0.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,500,690 shares of the company’s stock valued at $496,505,000 after buying an additional 29,329 shares during the last quarter. Finally, AMG National Trust Bank lifted its stake in iShares Russell Mid-Cap ETF by 2.0% in the 1st quarter. AMG National Trust Bank now owns 3,889,097 shares of the company’s stock valued at $378,137,000 after acquiring an additional 77,476 shares in the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Price Performance
NYSEARCA:IWR traded down $1.21 during trading hours on Wednesday, reaching $108.47. 936,515 shares of the stock were exchanged, compared to its average volume of 2,225,370. iShares Russell Mid-Cap ETF has a twelve month low of $91.64 and a twelve month high of $114.97. The firm has a 50 day moving average of $110.85 and a 200 day moving average of $107.28. The stock has a market cap of $55.95 billion, a PE 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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