Nwam LLC Makes New Investment in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Nwam LLC bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 3rd quarter, Holdings Channel reports. The institutional investor bought 101,777 shares of the company’s stock, valued at approximately $8,971,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. US Bancorp DE lifted its stake in iShares Russell Mid-Cap ETF by 0.8% during the second quarter. US Bancorp DE now owns 21,249,473 shares of the company’s stock worth $1,722,921,000 after purchasing an additional 176,860 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of iShares Russell Mid-Cap ETF by 1.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 4,403,601 shares of the company’s stock valued at $357,044,000 after acquiring an additional 45,347 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of iShares Russell Mid-Cap ETF by 2.5% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 3,966,679 shares of the company’s stock valued at $321,618,000 after acquiring an additional 98,154 shares during the last quarter. AMG National Trust Bank lifted its stake in shares of iShares Russell Mid-Cap ETF by 2.0% in the 2nd quarter. AMG National Trust Bank now owns 3,846,913 shares of the company’s stock valued at $311,908,000 after acquiring an additional 76,018 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 2.8% in the 2nd quarter. LPL Financial LLC now owns 3,130,891 shares of the company’s stock valued at $253,853,000 after acquiring an additional 84,394 shares during the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR opened at $93.49 on Friday. iShares Russell Mid-Cap ETF has a 52 week low of $71.25 and a 52 week high of $93.85. The stock has a market capitalization of $38.62 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The stock has a fifty day moving average of $89.14 and a 200-day moving average of $84.98.

About iShares Russell Mid-Cap ETF

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.