German American Bancorp Inc. Has $93.09 Million Holdings in iShares Russell Mid-Cap ETF $IWR

German American Bancorp Inc. raised its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 964,150 shares of the company’s stock after purchasing an additional 25,190 shares during the period. iShares Russell Mid-Cap ETF accounts for about 8.2% of German American Bancorp Inc.’s holdings, making the stock its 2nd largest holding. German American Bancorp Inc. owned about 0.21% of iShares Russell Mid-Cap ETF worth $93,089,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Jones Financial Companies Lllp increased its position in iShares Russell Mid-Cap ETF by 8.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 75,344,008 shares of the company’s stock valued at $7,245,741,000 after buying an additional 5,633,614 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in iShares Russell Mid-Cap ETF by 23.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 9,899,322 shares of the company’s stock worth $910,441,000 after purchasing an additional 1,880,984 shares in the last quarter. BNP Paribas Financial Markets grew its position in iShares Russell Mid-Cap ETF by 186.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 764,638 shares of the company’s stock valued at $70,324,000 after purchasing an additional 497,601 shares during the last quarter. Creative Planning increased its stake in iShares Russell Mid-Cap ETF by 35.9% during the 2nd quarter. Creative Planning now owns 930,420 shares of the company’s stock valued at $85,571,000 after purchasing an additional 245,879 shares in the last quarter. Finally, Truist Financial Corp raised its holdings in iShares Russell Mid-Cap ETF by 6.1% in the third quarter. Truist Financial Corp now owns 4,194,401 shares of the company’s stock worth $404,969,000 after buying an additional 239,492 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Up 2.6%

NYSEARCA:IWR opened at $101.78 on Friday. The stock has a market cap of $48.68 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. The company’s 50 day moving average price is $98.63 and its 200-day moving average price is $96.54. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $101.91.

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.