Bank of New York Mellon Corp Boosts Stake in iShares Russell Mid-Cap ETF $IWR

Bank of New York Mellon Corp increased its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 23.5% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 9,899,322 shares of the company’s stock after purchasing an additional 1,880,984 shares during the period. Bank of New York Mellon Corp owned 2.15% of iShares Russell Mid-Cap ETF worth $910,441,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of IWR. Jones Financial Companies Lllp raised its position in shares of iShares Russell Mid-Cap ETF by 6.9% during the 1st quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock worth $5,628,396,000 after purchasing an additional 4,290,076 shares during the last quarter. Natixis Advisors LLC raised its position in shares of iShares Russell Mid-Cap ETF by 122.0% during the 1st quarter. Natixis Advisors LLC now owns 1,872,952 shares of the company’s stock worth $159,332,000 after purchasing an additional 1,029,115 shares during the last quarter. Mesirow Financial Investment Management Inc. raised its position in shares of iShares Russell Mid-Cap ETF by 103.7% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 1,119,648 shares of the company’s stock worth $95,248,000 after purchasing an additional 569,914 shares during the last quarter. US Bancorp DE raised 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 worth $1,644,034,000 after purchasing an additional 418,491 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of iShares Russell Mid-Cap ETF by 13.3% during the 1st quarter. LPL Financial LLC now owns 2,992,592 shares of the company’s stock worth $254,580,000 after purchasing an additional 350,651 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 0.7%

IWR opened at $95.76 on Monday. iShares Russell Mid-Cap ETF has a twelve month low of $73.17 and a twelve month high of $97.87. The company has a 50-day moving average price of $96.22 and a 200 day moving average price of $92.40. The company has a market cap of $44.90 billion, a PE ratio of 21.00 and a beta of 1.06.

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.