iShares Russell Mid-Cap ETF $IWR Shares Acquired by GGM Financials LLC

GGM Financials LLC grew its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 137,704 shares of the company’s stock after purchasing an additional 5,872 shares during the quarter. iShares Russell Mid-Cap ETF makes up about 6.7% of GGM Financials LLC’s holdings, making the stock its 4th largest position. GGM Financials LLC’s holdings in iShares Russell Mid-Cap ETF were worth $13,295,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Jones Financial Companies Lllp raised its stake in iShares Russell Mid-Cap ETF by 8.1% during the third 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 grew its position in shares of 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 acquiring an additional 1,880,984 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of iShares Russell Mid-Cap ETF by 186.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 764,638 shares of the company’s stock valued at $70,324,000 after acquiring an additional 497,601 shares during the last quarter. Creative Planning increased its holdings in shares of iShares Russell Mid-Cap ETF by 35.9% in the 2nd quarter. Creative Planning now owns 930,420 shares of the company’s stock valued at $85,571,000 after acquiring an additional 245,879 shares during the last quarter. Finally, Truist Financial Corp raised its position in shares of iShares Russell Mid-Cap ETF by 6.1% during the 3rd quarter. Truist Financial Corp now owns 4,194,401 shares of the company’s stock valued at $404,969,000 after acquiring an additional 239,492 shares in the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR opened at $102.38 on Wednesday. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $103.38. The company’s fifty day moving average is $99.78 and its two-hundred day moving average is $97.23. The stock has a market capitalization of $48.96 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06.

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.