Tompkins Financial Corp Makes New $19.83 Million Investment in iShares Russell Mid-Cap ETF $IWR

Tompkins Financial Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the third quarter, Holdings Channel reports. The fund purchased 185,837 shares of the company’s stock, valued at approximately $19,831,000. iShares Russell Mid-Cap ETF comprises about 1.4% of Tompkins Financial Corp’s holdings, making the stock its 20th biggest holding.

Other institutional investors have also bought and sold shares of the company. NFSG Corp grew its holdings in iShares Russell Mid-Cap ETF by 93.1% during the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock worth $27,000 after acquiring an additional 135 shares during the period. Frazier Financial Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the 1st quarter valued at about $31,000. Reflection Asset Management bought a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at about $33,000. Scarborough Advisors LLC acquired a new stake in iShares Russell Mid-Cap ETF during the first quarter worth approximately $38,000. Finally, Tucker Asset Management LLC grew its stake in iShares Russell Mid-Cap ETF by 234.6% during the second quarter. Tucker Asset Management LLC now owns 358 shares of the company’s stock worth $39,000 after purchasing an additional 251 shares during the period. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 0.8%

IWR traded up $0.83 during trading on Monday, hitting $109.11. The company’s stock had a trading volume of 815,125 shares, compared to its average volume of 2,229,399. The firm has a market capitalization of $56.16 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a twelve month low of $91.64 and a twelve month high of $114.97. The stock’s fifty day moving average price is $110.89 and its 200-day moving average price is $107.11.

iShares Russell Mid-Cap ETF Company 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.