German American Bancorp Inc. Increases Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

German American Bancorp Inc. lifted its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 9.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 916,584 shares of the company’s stock after buying an additional 77,543 shares during the period. iShares Russell Mid-Cap ETF makes up about 8.6% of German American Bancorp Inc.’s portfolio, making the stock its 3rd largest position. German American Bancorp Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $80,788,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in IWR. Paladin Advisory Group LLC bought a new position in iShares Russell Mid-Cap ETF in the second quarter valued at approximately $27,000. Future Financial Wealth Managment LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter worth $30,000. Sage Mountain Advisors LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 50.9% during the second quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock worth $33,000 after acquiring an additional 136 shares during the period. Highline Wealth Partners LLC bought a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter valued at $41,000. Finally, Beaird Harris Wealth Management LLC acquired a new position in iShares Russell Mid-Cap ETF in the 1st quarter worth $40,000.

iShares Russell Mid-Cap ETF Price Performance

IWR opened at $92.30 on Thursday. The company has a market capitalization of $38.13 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The business’s 50-day moving average price is $88.97 and its two-hundred day moving average price is $84.92. iShares Russell Mid-Cap ETF has a 1 year low of $71.06 and a 1 year high of $93.85.

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.