Argent Capital Management LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 80,192 shares of the company’s stock, valued at approximately $7,720,000.
Several other hedge funds and other institutional investors have also made changes to their positions in IWR. Jones Financial Companies Lllp lifted its holdings in shares of iShares Russell Mid-Cap ETF by 8.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 75,344,008 shares of the company’s stock worth $7,245,741,000 after acquiring an additional 5,633,614 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in iShares Russell Mid-Cap ETF by 1.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 10,022,446 shares of the company’s stock valued at $967,667,000 after purchasing an additional 123,124 shares during the last quarter. Northern Trust Corp raised its position in iShares Russell Mid-Cap ETF by 1.4% in the 3rd quarter. Northern Trust Corp now owns 9,804,635 shares of the company’s stock worth $946,638,000 after purchasing an additional 134,966 shares during the period. JPMorgan Chase & Co. raised its position in iShares Russell Mid-Cap ETF by 0.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,623,770 shares of the company’s stock worth $639,525,000 after purchasing an additional 47,842 shares during the period. Finally, Truist Financial Corp lifted its stake in iShares Russell Mid-Cap ETF by 6.1% in the third quarter. Truist Financial Corp now owns 4,194,401 shares of the company’s stock worth $404,969,000 after purchasing an additional 239,492 shares during the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Price Performance
Shares of NYSEARCA:IWR opened at $97.60 on Friday. The firm has a market capitalization of $46.68 billion, a PE ratio of 21.00 and a beta of 1.06. The business has a 50 day simple moving average of $100.59 and a two-hundred day simple moving average of $97.81. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $103.53.
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.
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