Sowell Financial Services LLC Buys 34,543 Shares of iShares Russell Mid-Cap ETF $IWR

Sowell Financial Services LLC bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 34,543 shares of the company’s stock, valued at approximately $3,686,000.

Several other institutional investors also recently bought and sold shares of the stock. Baird Financial Group Inc. boosted its stake 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 worth $1,176,044,000 after acquiring an additional 1,690,390 shares in the last quarter. Performa Ltd US LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 465.1% during the 2nd quarter. Performa Ltd US LLC now owns 1,124,020 shares of the company’s stock valued at $124,002,000 after acquiring an additional 925,119 shares during the last quarter. Fifth Third Bancorp increased its holdings in shares of 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. Coastline Trust Co bought a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $29,787,000. Finally, Tompkins Financial Corp bought a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $19,831,000. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock opened at $110.17 on Thursday. The stock’s 50 day simple moving average is $110.25 and its 200 day simple moving average is $108.22. iShares Russell Mid-Cap ETF has a twelve month low of $91.64 and a twelve month high of $114.97. The company has a market capitalization of $57.17 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.