Robertson Stephens Wealth Management LLC raised its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 5.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 597,551 shares of the company’s stock after purchasing an additional 31,945 shares during the quarter. iShares Russell Mid-Cap ETF comprises approximately 1.6% of Robertson Stephens Wealth Management LLC’s portfolio, making the stock its 12th largest holding. Robertson Stephens Wealth Management LLC owned about 0.12% of iShares Russell Mid-Cap ETF worth $63,765,000 as of its most recent SEC filing.
A number of other institutional investors also recently bought and sold shares of IWR. Baird Financial Group Inc. boosted its stake in shares of iShares Russell Mid-Cap ETF by 18.8% during the second quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock worth $1,176,044,000 after buying an additional 1,690,390 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of iShares Russell Mid-Cap ETF by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,500,690 shares of the company’s stock worth $496,505,000 after buying an additional 29,329 shares during the last quarter. AMG National Trust Bank increased its position in iShares Russell Mid-Cap ETF by 2.0% in the 1st quarter. AMG National Trust Bank now owns 3,889,097 shares of the company’s stock valued at $378,137,000 after acquiring an additional 77,476 shares during the period. Fifth Third Bancorp raised its stake in iShares Russell Mid-Cap ETF by 25.7% during the 1st quarter. Fifth Third Bancorp now owns 2,547,979 shares of the company’s stock valued at $247,740,000 after acquiring an additional 521,709 shares during the last quarter. Finally, Glenview Trust Co raised its stake in iShares Russell Mid-Cap ETF by 3.4% during the 1st quarter. Glenview Trust Co now owns 1,350,641 shares of the company’s stock valued at $131,323,000 after acquiring an additional 44,178 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell Mid-Cap ETF Trading Down 1.0%
iShares Russell Mid-Cap ETF stock opened at $108.50 on Friday. The stock has a 50 day moving average of $110.49 and a two-hundred day moving average of $107.89. iShares Russell Mid-Cap ETF has a twelve month low of $91.64 and a twelve month high of $114.97. The stock has a market capitalization of $56.14 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00.
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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