Rehmann Capital Advisory Group lifted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 179.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 24,687 shares of the company’s stock after buying an additional 15,849 shares during the quarter. Rehmann Capital Advisory Group’s holdings in iShares Russell Mid-Cap ETF were worth $2,377,000 at the end of the most recent reporting period.
Other large investors also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in iShares Russell Mid-Cap ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock valued at $6,408,658,000 after buying an additional 4,145,765 shares during the period. Wells Fargo & Company MN boosted its position in iShares Russell Mid-Cap ETF by 3.6% during the fourth quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock valued at $4,013,120,000 after acquiring an additional 1,438,369 shares during the last quarter. Morgan Stanley grew its holdings in iShares Russell Mid-Cap ETF by 4.5% during the 4th quarter. Morgan Stanley now owns 10,797,769 shares of the company’s stock worth $1,039,501,000 after acquiring an additional 460,088 shares during the period. Bank of New York Mellon Corp grew its holdings in iShares Russell Mid-Cap ETF by 7.6% during the 4th quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock worth $1,037,737,000 after acquiring an additional 756,994 shares during the period. Finally, Northern Trust Corp raised its position in shares of iShares Russell Mid-Cap ETF by 5.4% in the 4th quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock worth $994,622,000 after acquiring an additional 526,956 shares in the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell Mid-Cap ETF Price Performance
Shares of NYSEARCA:IWR opened at $108.54 on Friday. The company has a market capitalization of $54.60 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. The business’s 50-day moving average is $105.34 and its 200-day moving average is $101.31. iShares Russell Mid-Cap ETF has a 1 year low of $88.83 and a 1 year high of $110.22.
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.
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