iShares Russell Mid-Cap ETF $IWR Shares Acquired by First Foundation Advisors

First Foundation Advisors boosted its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 518,013 shares of the company’s stock after purchasing an additional 10,618 shares during the quarter. iShares Russell Mid-Cap ETF makes up about 1.9% of First Foundation Advisors’ investment portfolio, making the stock its 11th largest holding. First Foundation Advisors’ holdings in iShares Russell Mid-Cap ETF were worth $49,869,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its position in shares of iShares Russell Mid-Cap ETF by 8.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 75,344,008 shares of the company’s stock worth $7,245,741,000 after buying an additional 5,633,614 shares during the last quarter. Bank of New York Mellon Corp raised its stake in iShares Russell Mid-Cap ETF by 1.2% during the third quarter. Bank of New York Mellon Corp now owns 10,022,446 shares of the company’s stock worth $967,667,000 after acquiring an additional 123,124 shares during the period. Northern Trust Corp lifted its holdings in iShares Russell Mid-Cap ETF by 1.4% in the third quarter. Northern Trust Corp now owns 9,804,635 shares of the company’s stock worth $946,638,000 after acquiring an additional 134,966 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in iShares Russell Mid-Cap ETF by 0.7% in the third quarter. JPMorgan Chase & Co. now owns 6,623,770 shares of the company’s stock worth $639,525,000 after acquiring an additional 47,842 shares during the last quarter. Finally, Truist Financial Corp boosted its stake in iShares Russell Mid-Cap ETF by 6.1% in the third quarter. Truist Financial Corp now owns 4,194,401 shares of the company’s stock valued at $404,969,000 after acquiring an additional 239,492 shares during the period. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Down 0.5%

NYSEARCA:IWR opened at $104.97 on Wednesday. The stock has a 50 day moving average of $100.75 and a 200-day moving average of $99.11. The firm has a market capitalization of $52.80 billion, a PE ratio of 21.00 and a beta of 1.01. iShares Russell Mid-Cap ETF has a 52 week low of $86.89 and a 52 week high of $106.43.

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.