Eastern Bank Purchases 12,735 Shares of iShares Russell Mid-Cap ETF $IWR

Eastern Bank raised its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 64.1% in the second quarter, Holdings Channel reports. The firm owned 32,599 shares of the company’s stock after acquiring an additional 12,735 shares during the quarter. Eastern Bank’s holdings in iShares Russell Mid-Cap ETF were worth $2,998,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in IWR. Riggs Asset Managment Co. Inc. bought a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter worth approximately $28,000. N.E.W. Advisory Services LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter worth approximately $30,000. Rossby Financial LCC bought a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter worth approximately $31,000. Physician Wealth Advisors Inc. bought a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter worth approximately $36,000. Finally, Atticus Wealth Management LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 123.1% in the second quarter. Atticus Wealth Management LLC now owns 415 shares of the company’s stock worth $38,000 after acquiring an additional 229 shares during the period. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Down 2.6%

Shares of IWR stock opened at $94.02 on Friday. The company has a 50 day moving average price of $95.58 and a 200-day moving average price of $90.62. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $97.80. The firm has a market capitalization of $43.86 billion, a PE ratio of 21.00 and a beta of 1.09.

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.