Exchange Capital Management Inc. Buys Shares of 3,074 iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Exchange Capital Management Inc. purchased a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,074 shares of the company’s stock, valued at approximately $272,000.

Several other large investors also recently modified their holdings of IWR. JPMorgan Chase & Co. boosted its stake in shares of iShares Russell Mid-Cap ETF by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after acquiring an additional 198,719 shares during the period. Truist Financial Corp boosted its stake in shares of iShares Russell Mid-Cap ETF by 1.7% during the 4th quarter. Truist Financial Corp now owns 3,674,764 shares of the company’s stock worth $324,849,000 after acquiring an additional 62,030 shares during the period. FMR LLC boosted its stake in shares of iShares Russell Mid-Cap ETF by 2.2% during the 3rd quarter. FMR LLC now owns 2,872,877 shares of the company’s stock worth $253,215,000 after acquiring an additional 63,048 shares during the period. Oakworth Capital Inc. boosted its stake in shares of iShares Russell Mid-Cap ETF by 1.9% during the 4th quarter. Oakworth Capital Inc. now owns 1,113,122 shares of the company’s stock worth $98,400,000 after acquiring an additional 20,237 shares during the period. Finally, Synovus Financial Corp boosted its stake in shares of iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Synovus Financial Corp now owns 1,041,917 shares of the company’s stock worth $91,835,000 after acquiring an additional 5,247 shares during the period.

iShares Russell Mid-Cap ETF Trading Down 0.3 %

Shares of NYSEARCA IWR opened at $89.41 on Wednesday. iShares Russell Mid-Cap ETF has a 12 month low of $78.36 and a 12 month high of $96.00. The stock has a 50 day moving average of $90.68 and a 200-day moving average of $89.59. The company has a market capitalization of $38.92 billion, a P/E ratio of 21.79 and a beta of 1.12.

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.