iShares Russell Mid-Cap ETF $IWR Stock: Bryn Mawr Trust Advisors LLC Increases Position

Bryn Mawr Trust Advisors LLC lifted its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 10.8% in the 3rd quarter, Holdings Channel reports. The firm owned 82,491 shares of the company’s stock after purchasing an additional 8,039 shares during the quarter. Bryn Mawr Trust Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $8,803,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Baird Financial Group Inc. boosted its holdings in iShares Russell Mid-Cap ETF by 18.8% during the second quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock worth $1,176,044,000 after buying an additional 1,690,390 shares in the last quarter. Oakworth Capital Inc. purchased a new position in iShares Russell Mid-Cap ETF in the third quarter valued at about $132,849,000. Performa Ltd US LLC increased its holdings in iShares Russell Mid-Cap ETF by 465.1% in the second quarter. Performa Ltd US LLC now owns 1,124,020 shares of the company’s stock valued at $124,002,000 after buying an additional 925,119 shares in the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at approximately $80,323,000. Finally, Fifth Third Bancorp lifted its position in shares of iShares Russell Mid-Cap ETF by 25.7% during the 1st quarter. Fifth Third Bancorp now owns 2,547,979 shares of the company’s stock valued at $247,740,000 after acquiring an additional 521,709 shares during the period. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

IWR opened at $107.80 on Monday. The stock has a market cap of $56.83 billion, a P/E ratio of 20.27 and a beta of 1.00. The stock’s 50 day simple moving average is $109.42 and its 200 day simple moving average is $106.23. iShares Russell Mid-Cap ETF has a 1-year low of $91.64 and a 1-year high of $114.97.

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. 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.