Johnson Investment Counsel Inc. Acquires 56,444 Shares of iShares Russell Mid-Cap ETF $IWR

Johnson Investment Counsel Inc. grew its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,671,300 shares of the company’s stock after buying an additional 56,444 shares during the quarter. iShares Russell Mid-Cap ETF accounts for 2.2% of Johnson Investment Counsel Inc.’s investment portfolio, making the stock its 7th largest position. Johnson Investment Counsel Inc. owned about 0.57% of iShares Russell Mid-Cap ETF worth $257,914,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Welch & Forbes LLC raised its position in shares of iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Welch & Forbes LLC now owns 22,832 shares of the company’s stock worth $2,204,000 after purchasing an additional 105 shares during the last quarter. Hollencrest Capital Management increased its position in shares of iShares Russell Mid-Cap ETF by 1.7% during the third quarter. Hollencrest Capital Management now owns 6,226 shares of the company’s stock worth $601,000 after purchasing an additional 106 shares in the last quarter. Meridian Wealth Management LLC raised its stake in iShares Russell Mid-Cap ETF by 0.5% in the 2nd quarter. Meridian Wealth Management LLC now owns 20,962 shares of the company’s stock valued at $1,928,000 after purchasing an additional 112 shares during the last quarter. Cornerstone Wealth Management LLC lifted its holdings in iShares Russell Mid-Cap ETF by 0.5% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 21,223 shares of the company’s stock valued at $2,049,000 after purchasing an additional 114 shares in the last quarter. Finally, Shared Vision Wealth Group LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 4.4% during the third quarter. Shared Vision Wealth Group LLC now owns 2,874 shares of the company’s stock worth $276,000 after buying an additional 120 shares in the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.3%

Shares of NYSEARCA IWR opened at $102.11 on Tuesday. iShares Russell Mid-Cap ETF has a 12-month low of $73.17 and a 12-month high of $102.39. The stock has a market cap of $48.83 billion, a PE ratio of 21.00 and a beta of 1.06. The company has a 50-day moving average of $98.75 and a 200 day moving average of $96.61.

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. 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.