Noble Wealth Partners LLC Takes $1.69 Million Position in iShares Russell Mid-Cap ETF $IWR

Noble Wealth Partners LLC bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 15,342 shares of the company’s stock, valued at approximately $1,693,000. iShares Russell Mid-Cap ETF makes up 1.5% of Noble Wealth Partners LLC’s holdings, making the stock its 20th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in IWR. Bank of America Corp DE raised its holdings in iShares Russell Mid-Cap ETF by 6.6% in the 4th quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock valued at $6,408,658,000 after acquiring an additional 4,145,765 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of iShares Russell Mid-Cap ETF by 3.6% during the 4th quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after purchasing an additional 1,438,369 shares in the last quarter. Royal Bank of Canada increased its position in shares of iShares Russell Mid-Cap ETF by 12.9% during the fourth quarter. Royal Bank of Canada now owns 7,911,910 shares of the company’s stock valued at $761,679,000 after purchasing an additional 905,157 shares during the period. Bank of New York Mellon Corp increased its position in shares of iShares Russell Mid-Cap ETF by 7.6% during the fourth quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock valued at $1,037,737,000 after purchasing an additional 756,994 shares during the period. Finally, Northern Trust Corp raised its stake in shares of iShares Russell Mid-Cap ETF by 5.4% in the fourth quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock valued at $994,622,000 after purchasing an additional 526,956 shares in the last quarter. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $111.83 on Friday. The stock has a market cap of $56.72 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a one year low of $91.64 and a one year high of $114.97. The stock has a fifty day moving average price of $111.30 and a 200 day moving average price of $105.99.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.