Fifth Third Wealth Advisors LLC Acquires 24,615 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Fifth Third Wealth Advisors LLC lifted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 18.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 159,723 shares of the company’s stock after acquiring an additional 24,615 shares during the quarter. iShares Russell Mid-Cap ETF makes up about 0.9% of Fifth Third Wealth Advisors LLC’s investment portfolio, making the stock its 16th largest position. Fifth Third Wealth Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $14,078,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Cambridge Trust Co. grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.8% during the first quarter. Cambridge Trust Co. now owns 8,344 shares of the company’s stock worth $702,000 after buying an additional 224 shares in the last quarter. LRI Investments LLC acquired a new position in iShares Russell Mid-Cap ETF during the 1st quarter worth about $120,000. Gradient Investments LLC lifted its holdings in iShares Russell Mid-Cap ETF by 358.6% during the 2nd quarter. Gradient Investments LLC now owns 12,414 shares of the company’s stock worth $1,007,000 after buying an additional 9,707 shares during the period. Motiv8 Investments LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 9.4% in the 2nd quarter. Motiv8 Investments LLC now owns 30,329 shares of the company’s stock valued at $2,459,000 after purchasing an additional 2,609 shares during the period. 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 purchasing an additional 84,394 shares during the period.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $91.58 on Tuesday. The business has a 50-day simple moving average of $88.66 and a 200 day simple moving average of $84.79. The firm has a market capitalization of $37.83 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a one year low of $70.72 and a one 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.