Assetmark Inc. Purchases 2,053 Shares of iShares Russell Mid-Cap ETF $IWR

Assetmark Inc. increased its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 65.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,190 shares of the company’s stock after buying an additional 2,053 shares during the quarter. Assetmark Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $477,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its stake in shares of 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 valued at $5,628,396,000 after acquiring an additional 4,290,076 shares during the last quarter. Natixis Advisors LLC increased its holdings in 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 purchasing an additional 1,029,115 shares during the period. Mesirow Financial Investment Management Inc. raised its position in iShares Russell Mid-Cap ETF by 103.7% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 1,119,648 shares of the company’s stock valued at $95,248,000 after purchasing an additional 569,914 shares during the last quarter. US Bancorp DE lifted its holdings 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 worth $1,644,034,000 after buying an additional 418,491 shares during the period. Finally, LPL Financial LLC grew its position in shares of 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 worth $254,580,000 after buying an additional 350,651 shares during the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

IWR opened at $95.41 on Friday. The stock has a market capitalization of $44.75 billion, a PE ratio of 21.00 and a beta of 1.06. The stock’s 50 day moving average price is $96.13 and its 200-day moving average price is $92.76. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $97.87.

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.