Coastline Trust Co Acquires New Stake in iShares Russell Mid-Cap ETF $IWR

Coastline Trust Co bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 279,139 shares of the company’s stock, valued at approximately $29,787,000. iShares Russell Mid-Cap ETF comprises about 2.8% of Coastline Trust Co’s portfolio, making the stock its 10th largest holding. Coastline Trust Co owned 0.05% of iShares Russell Mid-Cap ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of IWR. Bank of New York Mellon Corp increased its position in iShares Russell Mid-Cap ETF by 7.6% in the 4th quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock valued at $1,037,737,000 after acquiring an additional 756,994 shares during the period. Focus Partners Wealth grew its stake in shares of iShares Russell Mid-Cap ETF by 6.9% in the 4th quarter. Focus Partners Wealth now owns 501,958 shares of the company’s stock valued at $48,325,000 after purchasing an additional 32,367 shares during the last quarter. LPL Financial LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 9.8% in the 4th quarter. LPL Financial LLC now owns 3,520,066 shares of the company’s stock valued at $338,877,000 after purchasing an additional 313,199 shares during the last quarter. Rare Wolf Capital LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $1,073,000. Finally, Northwest Wealth Advisors LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 13.2% during the first quarter. Northwest Wealth Advisors LLC now owns 38,872 shares of the company’s stock worth $3,780,000 after purchasing an additional 4,545 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 Up 0.5%

Shares of NYSEARCA IWR traded up $0.55 during mid-day trading on Thursday, hitting $107.26. 949,697 shares of the company were exchanged, compared to its average volume of 2,237,947. The stock has a 50 day simple moving average of $110.93 and a 200-day simple moving average of $106.97. iShares Russell Mid-Cap ETF has a 1-year low of $91.64 and a 1-year high of $114.97. The firm has a market cap of $55.10 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00.

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. 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.