iShares Russell Mid-Cap ETF $IWR Position Increased by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,623,770 shares of the company’s stock after purchasing an additional 47,842 shares during the period. JPMorgan Chase & Co. owned 1.41% of iShares Russell Mid-Cap ETF worth $639,525,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of IWR. Brighton Jones LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 4.2% during the fourth quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock worth $9,240,000 after purchasing an additional 4,189 shares during the period. Revolve Wealth Partners LLC purchased a new position in iShares Russell Mid-Cap ETF in the fourth quarter valued at about $323,000. Allspring Global Investments Holdings LLC increased its position in iShares Russell Mid-Cap ETF by 30.4% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 5,906 shares of the company’s stock worth $547,000 after purchasing an additional 1,377 shares during the last quarter. Mutual Advisors LLC increased its position in iShares Russell Mid-Cap ETF by 21.4% in the 2nd quarter. Mutual Advisors LLC now owns 3,450 shares of the company’s stock worth $329,000 after purchasing an additional 607 shares during the last quarter. Finally, Klingman & Associates LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 11.2% during the 2nd quarter. Klingman & Associates LLC now owns 13,897 shares of the company’s stock worth $1,278,000 after purchasing an additional 1,400 shares in the last quarter. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR opened at $101.66 on Wednesday. The firm has a market cap of $48.62 billion, a PE ratio of 21.00 and a beta of 1.06. The firm’s 50 day moving average price is $99.34 and its 200 day moving average price is $96.92. iShares Russell Mid-Cap ETF has a twelve month low of $73.17 and a twelve month high of $103.29.

iShares Russell Mid-Cap ETF Company 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.