American Century Companies Inc. Invests $810,000 in iShares Russell Mid-Cap ETF $IWR

American Century Companies Inc. acquired a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 9,520 shares of the company’s stock, valued at approximately $810,000.

Several other institutional investors have also bought and sold shares of the stock. US Bancorp DE boosted its stake in iShares Russell Mid-Cap ETF by 2.2% in the 1st quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock valued at $1,644,034,000 after buying an additional 418,491 shares in the last quarter. Bank of New York Mellon Corp raised its position in iShares Russell Mid-Cap ETF by 11.7% in the 1st quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock valued at $682,120,000 after purchasing an additional 840,839 shares during the last quarter. Envestnet Portfolio Solutions Inc. raised its position in iShares Russell Mid-Cap ETF by 1.8% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 4,144,232 shares of the company’s stock valued at $352,550,000 after purchasing an additional 72,756 shares during the last quarter. Truist Financial Corp raised its position in iShares Russell Mid-Cap ETF by 10.9% in the 1st quarter. Truist Financial Corp now owns 4,075,565 shares of the company’s stock valued at $346,708,000 after purchasing an additional 400,801 shares during the last quarter. Finally, LPL Financial LLC raised its position in iShares Russell Mid-Cap ETF by 13.3% in the 1st quarter. LPL Financial LLC now owns 2,992,592 shares of the company’s stock valued at $254,580,000 after purchasing an additional 350,651 shares during 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 IWR opened at $96.13 on Friday. The stock has a fifty day moving average price of $94.11 and a two-hundred day moving average price of $89.01. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $96.56. The company has a market cap of $44.22 billion, a price-to-earnings ratio of 21.00 and a beta of 1.09.

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.