Comerica Bank Purchases 12,030 Shares of iShares Russell Mid-Cap ETF $IWR

Comerica Bank boosted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 556,927 shares of the company’s stock after purchasing an additional 12,030 shares during the quarter. Comerica Bank owned about 0.12% of iShares Russell Mid-Cap ETF worth $53,771,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. HHM Wealth Advisors LLC bought a new position in iShares Russell Mid-Cap ETF in the 2nd quarter valued at approximately $29,000. Traub Capital Management LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 2nd quarter worth $37,000. Smartleaf Asset Management LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 192.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock worth $39,000 after purchasing an additional 263 shares in the last quarter. Financial Gravity Companies Inc. purchased a new position in shares of iShares Russell Mid-Cap ETF in the second quarter worth $47,000. Finally, Cary Street Partners Investment Advisory LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the third quarter worth $47,000. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Price Performance

Shares of NYSEARCA:IWR opened at $97.08 on Friday. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $103.53. The company has a market cap of $46.43 billion, a P/E ratio of 21.00 and a beta of 1.06. The stock’s fifty day moving average price is $100.69 and its 200-day moving average price is $97.76.

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.