Thrivent Financial for Lutherans Increases Holdings in iShares Russell Mid-Cap ETF $IWR

Thrivent Financial for Lutherans boosted its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 348.1% in the 3rd quarter, Holdings Channel reports. The firm owned 292,796 shares of the company’s stock after buying an additional 227,455 shares during the quarter. Thrivent Financial for Lutherans’ holdings in iShares Russell Mid-Cap ETF were worth $28,268,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Advantage Trust Co acquired a new stake in shares of iShares Russell Mid-Cap ETF in the second quarter valued at about $28,000. HHM Wealth Advisors LLC purchased a new position in iShares Russell Mid-Cap ETF in the 2nd quarter worth approximately $29,000. Traub Capital Management LLC acquired a new stake in iShares Russell Mid-Cap ETF in the second quarter valued at approximately $37,000. Legacy Investment Solutions LLC acquired a new stake in iShares Russell Mid-Cap ETF in the second quarter valued at approximately $38,000. Finally, Financial Gravity Companies Inc. purchased a new stake in shares of iShares Russell Mid-Cap ETF during the second quarter valued at approximately $47,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.6%

NYSEARCA IWR opened at $99.80 on Tuesday. The stock has a market cap of $47.66 billion, a P/E ratio of 21.00 and a beta of 1.06. The company’s fifty day simple moving average is $98.32 and its 200-day simple moving average is $96.39. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $101.73.

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.