Cwm LLC Increases Stake in iShares Russell Mid-Cap ETF $IWR

Cwm LLC grew its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 8.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 166,871 shares of the company’s stock after purchasing an additional 12,387 shares during the period. Cwm LLC’s holdings in iShares Russell Mid-Cap ETF were worth $15,347,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in IWR. Jones Financial Companies Lllp raised its stake in shares of iShares Russell Mid-Cap ETF by 6.9% in the first quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock valued at $5,628,396,000 after acquiring an additional 4,290,076 shares during the period. Natixis Advisors LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 122.0% in the first quarter. Natixis Advisors LLC now owns 1,872,952 shares of the company’s stock valued at $159,332,000 after acquiring an additional 1,029,115 shares during the period. Bank of New York Mellon Corp increased its stake in iShares Russell Mid-Cap ETF by 11.7% in the 1st quarter. Bank of New York Mellon Corp now owns 8,018,338 shares of the company’s stock worth $682,120,000 after buying an additional 840,839 shares during the period. Mesirow Financial Investment Management Inc. increased its stake in iShares Russell Mid-Cap ETF by 103.7% in the 1st quarter. Mesirow Financial Investment Management Inc. now owns 1,119,648 shares of the company’s stock worth $95,248,000 after buying an additional 569,914 shares during the period. 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 during the period. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

IWR stock opened at $95.27 on Tuesday. The company has a market capitalization of $44.44 billion, a PE 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 50-day moving average is $95.61 and its 200 day moving average is $90.76.

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.