Johnson Investment Counsel Inc. Boosts Stock Position in iShares Russell Mid-Cap ETF $IWR

Johnson Investment Counsel Inc. boosted its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,614,856 shares of the company’s stock after acquiring an additional 29,418 shares during the period. iShares Russell Mid-Cap ETF makes up approximately 2.2% of Johnson Investment Counsel Inc.’s investment portfolio, making the stock its 6th largest holding. Johnson Investment Counsel Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $240,488,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Matrix Asset Advisors Inc. NY lifted its holdings in shares of iShares Russell Mid-Cap ETF by 0.9% during the 2nd quarter. Matrix Asset Advisors Inc. NY now owns 57,927 shares of the company’s stock valued at $5,328,000 after purchasing an additional 545 shares in the last quarter. Richardson Financial Services Inc. bought a new position in iShares Russell Mid-Cap ETF in the second quarter valued at approximately $300,000. Eastern Bank lifted its stake in iShares Russell Mid-Cap ETF by 64.1% in the second quarter. Eastern Bank now owns 32,599 shares of the company’s stock valued at $2,998,000 after buying an additional 12,735 shares in the last quarter. JFS Wealth Advisors LLC lifted its stake in iShares Russell Mid-Cap ETF by 28.2% in the second quarter. JFS Wealth Advisors LLC now owns 26,525 shares of the company’s stock valued at $2,439,000 after buying an additional 5,834 shares in the last quarter. Finally, Robertson Stephens Wealth Management LLC lifted its stake in iShares Russell Mid-Cap ETF by 5.5% in the second quarter. Robertson Stephens Wealth Management LLC now owns 128,801 shares of the company’s stock valued at $11,846,000 after buying an additional 6,689 shares in the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Down 2.6%

IWR opened at $94.02 on Friday. The stock has a market capitalization of $43.86 billion, a P/E ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $97.80. The firm’s fifty day simple moving average is $95.58 and its 200 day simple moving average is $90.65.

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.