Nvest Financial LLC Increases Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Nvest Financial LLC increased its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.4% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 37,884 shares of the company’s stock after acquiring an additional 541 shares during the quarter. iShares Russell Mid-Cap ETF makes up about 2.1% of Nvest Financial LLC’s investment portfolio, making the stock its 15th largest position. Nvest Financial LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,186,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. US Bancorp DE lifted its position in iShares Russell Mid-Cap ETF by 1.8% during the fourth quarter. US Bancorp DE now owns 21,262,137 shares of the company’s stock worth $1,652,718,000 after buying an additional 378,904 shares in the last quarter. Jones Financial Companies Lllp lifted its position in iShares Russell Mid-Cap ETF by 3.5% during the fourth quarter. Jones Financial Companies Lllp now owns 20,399,582 shares of the company’s stock worth $1,585,660,000 after buying an additional 695,205 shares in the last quarter. Northern Trust Corp increased its stake in iShares Russell Mid-Cap ETF by 2.4% during the fourth quarter. Northern Trust Corp now owns 9,093,647 shares of the company’s stock worth $706,849,000 after acquiring an additional 212,522 shares during the last quarter. Baird Financial Group Inc. increased its stake in iShares Russell Mid-Cap ETF by 28.3% during the fourth quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock worth $606,458,000 after acquiring an additional 1,722,388 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in iShares Russell Mid-Cap ETF by 2.8% during the third quarter. JPMorgan Chase & Co. now owns 6,952,368 shares of the company’s stock worth $481,451,000 after acquiring an additional 190,254 shares during the last quarter.

iShares Russell Mid-Cap ETF Trading Up 0.4 %

IWR stock traded up $0.29 during midday trading on Tuesday, hitting $80.70. 1,007,149 shares of the company’s stock were exchanged, compared to its average volume of 1,280,498. The business has a 50-day simple moving average of $81.45 and a two-hundred day simple moving average of $80.11. The stock has a market capitalization of $33.34 billion, a PE ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 1-year low of $64.66 and a 1-year high of $84.33.

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.