111,232 Shares of iShares Russell Mid-Cap ETF $IWR Acquired by Steph & Co.

Steph & Co. purchased a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the third quarter, Holdings Channel reports. The fund purchased 111,232 shares of the company’s stock, valued at approximately $11,870,000. iShares Russell Mid-Cap ETF accounts for approximately 2.9% of Steph & Co.’s investment portfolio, making the stock its 8th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its holdings in iShares Russell Mid-Cap ETF by 3.6% during the 4th quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after buying an additional 1,438,369 shares during the last quarter. Baird Financial Group Inc. grew its position in shares of iShares Russell Mid-Cap ETF by 18.8% in the 2nd quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock worth $1,176,044,000 after acquiring an additional 1,690,390 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in shares of iShares Russell Mid-Cap ETF by 1.7% in the 4th quarter. JPMorgan Chase & Co. now owns 6,739,350 shares of the company’s stock valued at $648,797,000 after acquiring an additional 115,580 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of iShares Russell Mid-Cap ETF by 0.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,500,690 shares of the company’s stock valued at $496,505,000 after acquiring an additional 29,329 shares during the last quarter. Finally, AMG National Trust Bank increased its holdings in shares of iShares Russell Mid-Cap ETF by 2.0% in the 1st quarter. AMG National Trust Bank now owns 3,889,097 shares of the company’s stock valued at $378,137,000 after acquiring an additional 77,476 shares during the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Price Performance

IWR traded down $1.21 during trading hours on Wednesday, hitting $108.47. 936,515 shares of the stock were exchanged, compared to its average volume of 2,225,370. The stock has a 50-day simple moving average of $110.83 and a 200-day simple moving average of $107.35. iShares Russell Mid-Cap ETF has a 12 month low of $91.64 and a 12 month high of $114.97. The stock has a market cap of $55.95 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00.

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.