Comerica Bank Buys 12,030 Shares of iShares Russell Mid-Cap ETF $IWR

Comerica Bank increased its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 556,927 shares of the company’s stock after buying an additional 12,030 shares during the period. Comerica Bank’s holdings in iShares Russell Mid-Cap ETF were worth $53,771,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also added to or reduced their stakes in the company. HHM Wealth Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the 2nd quarter worth $29,000. Traub Capital Management LLC purchased a new stake in iShares Russell Mid-Cap ETF during the second quarter valued at $37,000. Smartleaf Asset Management LLC increased its position in iShares Russell Mid-Cap ETF by 192.0% during the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after acquiring an additional 263 shares during the last quarter. Cary Street Partners Investment Advisory LLC bought a new position in iShares Russell Mid-Cap ETF in the third quarter valued at about $47,000. Finally, Financial Gravity Companies Inc. bought a new position in iShares Russell Mid-Cap ETF in the second quarter valued at about $47,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Down 0.1%

iShares Russell Mid-Cap ETF stock opened at $97.08 on Friday. The business has a 50-day simple moving average of $100.69 and a two-hundred day simple moving average of $97.76. The company has a market cap of $46.43 billion, a P/E ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $103.53.

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.