Midwest Financial Group LLC Makes New $292,000 Investment in iShares Russell Mid-Cap ETF $IWR

Midwest Financial Group LLC purchased a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,175 shares of the company’s stock, valued at approximately $292,000.

Several other institutional investors have also recently made changes to their positions in the company. Jones Financial Companies Lllp raised its position in shares of iShares Russell Mid-Cap ETF by 6.9% in the first quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock worth $5,628,396,000 after buying an additional 4,290,076 shares in the last quarter. Natixis Advisors LLC increased its stake in iShares Russell Mid-Cap ETF by 122.0% in the 1st quarter. Natixis Advisors LLC now owns 1,872,952 shares of the company’s stock worth $159,332,000 after acquiring an additional 1,029,115 shares during the last quarter. Bank of New York Mellon Corp increased its stake in iShares Russell Mid-Cap ETF by 11.7% in the 1st quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock worth $682,120,000 after acquiring an additional 840,839 shares during the last quarter. Mesirow Financial Investment Management Inc. raised its holdings in shares of iShares Russell Mid-Cap ETF by 103.7% in the 1st quarter. Mesirow Financial Investment Management Inc. now owns 1,119,648 shares of the company’s stock valued at $95,248,000 after acquiring an additional 569,914 shares in the last quarter. Finally, US Bancorp DE boosted its position in shares of iShares Russell Mid-Cap ETF by 2.2% during the 1st quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock valued at $1,644,034,000 after acquiring an additional 418,491 shares during the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.1%

Shares of NYSEARCA IWR opened at $96.55 on Wednesday. The business has a 50-day moving average of $95.24 and a 200-day moving average of $90.08. The firm has a market capitalization of $44.41 billion, a price-to-earnings ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $97.59.

About iShares Russell Mid-Cap ETF

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.