Rhumbline Advisers Boosts Stake in iShares Russell Mid-Cap ETF $IWR

Rhumbline Advisers increased its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 39.8% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,418 shares of the company’s stock after acquiring an additional 4,677 shares during the period. Rhumbline Advisers’ holdings in iShares Russell Mid-Cap ETF were worth $1,397,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its stake in iShares Russell Mid-Cap ETF by 6.9% during the first quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock worth $5,628,396,000 after purchasing an additional 4,290,076 shares during the last quarter. GAMMA Investing LLC increased its position in shares of iShares Russell Mid-Cap ETF by 8,839.6% during the 1st quarter. GAMMA Investing LLC now owns 2,206,388 shares of the company’s stock valued at $187,697,000 after purchasing an additional 2,181,707 shares during the last quarter. Natixis Advisors LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 122.0% during the 1st quarter. Natixis Advisors LLC now owns 1,872,952 shares of the company’s stock valued at $159,332,000 after buying an additional 1,029,115 shares in the last quarter. Bank of New York Mellon Corp lifted 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 worth $682,120,000 after buying an additional 840,839 shares during the last quarter. Finally, Mesirow Financial Investment Management Inc. boosted its stake in iShares Russell Mid-Cap ETF by 103.7% in the first quarter. Mesirow Financial Investment Management Inc. now owns 1,119,648 shares of the company’s stock worth $95,248,000 after buying an additional 569,914 shares in the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

Shares of NYSEARCA IWR opened at $96.39 on Friday. The stock has a market capitalization of $44.34 billion, a P/E ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a one year low of $73.17 and a one year high of $97.59. The firm’s 50 day simple moving average is $94.86 and its two-hundred day simple moving average is $89.51.

iShares Russell Mid-Cap ETF 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.