BridgePort Financial Solutions LLC Acquires New Stake in iShares Russell Mid-Cap ETF $IWR

BridgePort Financial Solutions LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 2,531 shares of the company’s stock, valued at approximately $233,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in IWR. Jones Financial Companies Lllp raised its holdings in iShares Russell Mid-Cap ETF by 6.9% in the 1st quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock worth $5,628,396,000 after purchasing an additional 4,290,076 shares during the period. Natixis Advisors LLC raised its stake in iShares Russell Mid-Cap ETF by 122.0% during the 1st quarter. Natixis Advisors LLC now owns 1,872,952 shares of the company’s stock worth $159,332,000 after acquiring an additional 1,029,115 shares during the period. Bank of New York Mellon Corp increased its stake in shares of iShares Russell Mid-Cap ETF by 11.7% in the first quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock worth $682,120,000 after purchasing an additional 840,839 shares in the last quarter. Mesirow Financial Investment Management Inc. lifted its stake in shares of iShares Russell Mid-Cap ETF by 103.7% during the 1st quarter. Mesirow Financial Investment Management Inc. now owns 1,119,648 shares of the company’s stock valued at $95,248,000 after buying an additional 569,914 shares in the last quarter. Finally, US Bancorp DE increased its stake in iShares Russell Mid-Cap ETF by 2.2% in the 1st quarter. US Bancorp DE now owns 19,325,451 shares of the company’s stock worth $1,644,034,000 after buying an additional 418,491 shares in the last quarter. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Up 0.3%

NYSEARCA:IWR opened at $97.23 on Friday. The business’s 50-day simple moving average is $95.35 and its two-hundred day simple moving average is $90.31. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $97.80. The stock has a market cap of $45.27 billion, a PE ratio of 21.00 and a beta of 1.09.

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.