7,757 iShares Russell Mid-Cap ETF $IWR Shares Purchased by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC raised its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 173,816 shares of the company’s stock after acquiring an additional 7,757 shares during the quarter. Verdence Capital Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $18,548,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Baird Financial Group Inc. boosted its stake 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 valued at $1,176,044,000 after purchasing an additional 1,690,390 shares in the last quarter. Performa Ltd US LLC increased its position in iShares Russell Mid-Cap ETF by 465.1% during the 2nd quarter. Performa Ltd US LLC now owns 1,124,020 shares of the company’s stock worth $124,002,000 after purchasing an additional 925,119 shares in the last quarter. Fifth Third Bancorp increased its position in iShares Russell Mid-Cap ETF by 25.7% during the 1st quarter. Fifth Third Bancorp now owns 2,547,979 shares of the company’s stock worth $247,740,000 after purchasing an additional 521,709 shares in the last quarter. Albion Financial Group UT bought a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $51,057,000. Finally, Coastline Trust Co bought a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $29,787,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $110.03 on Tuesday. iShares Russell Mid-Cap ETF has a fifty-two week low of $91.64 and a fifty-two week high of $114.97. The firm has a market capitalization of $57.20 billion, a P/E ratio of 21.00 and a beta of 1.00. The company’s 50 day moving average price is $110.10 and its two-hundred day moving average price is $105.73.

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.