Sonata Capital Group Inc. Buys New Position in iShares Russell Mid-Cap ETF $IWR

Sonata Capital Group Inc. purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 146,206 shares of the company’s stock, valued at approximately $15,602,000. iShares Russell Mid-Cap ETF makes up approximately 5.0% of Sonata Capital Group Inc.’s investment portfolio, making the stock its 4th biggest position.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IWR. Baird Financial Group Inc. increased its position in shares of iShares Russell Mid-Cap ETF by 18.8% during the 2nd quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock valued at $1,176,044,000 after purchasing an additional 1,690,390 shares during the period. Performa Ltd US LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 465.1% in the second quarter. Performa Ltd US LLC now owns 1,124,020 shares of the company’s stock valued at $124,002,000 after buying an additional 925,119 shares during the period. Fifth Third Bancorp lifted its holdings in shares of iShares Russell Mid-Cap ETF by 25.7% in the first quarter. Fifth Third Bancorp now owns 2,547,979 shares of the company’s stock valued at $247,740,000 after buying an additional 521,709 shares during the period. Coastline Trust Co bought a new position in iShares Russell Mid-Cap ETF during the third quarter valued at about $29,787,000. Finally, Corient Private Wealth LLC boosted its stake in iShares Russell Mid-Cap ETF by 54.6% during the fourth quarter. Corient Private Wealth LLC now owns 579,400 shares of the company’s stock valued at $55,867,000 after buying an additional 204,722 shares in the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Trading Down 0.1%

NYSEARCA:IWR traded down $0.11 during mid-day trading on Monday, reaching $108.39. 883,172 shares of the stock were exchanged, compared to its average volume of 2,191,893. The business has a fifty day moving average price of $110.49 and a 200 day moving average price of $107.98. The firm has a market capitalization of $56.09 billion, a PE ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 1-year low of $91.64 and a 1-year high of $114.97.

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.