JPMorgan Chase & Co. Raises Position in iShares Russell Mid-Cap ETF $IWR

JPMorgan Chase & Co. lifted its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,739,350 shares of the company’s stock after purchasing an additional 115,580 shares during the period. JPMorgan Chase & Co. owned 1.41% of iShares Russell Mid-Cap ETF worth $648,797,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. CIBC Bancorp USA Inc. bought a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $285,568,000. Bank of New York Mellon Corp boosted its holdings in iShares Russell Mid-Cap ETF by 7.6% in the 4th quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock worth $1,037,737,000 after buying an additional 756,994 shares during the period. BNP Paribas Financial Markets boosted its holdings in iShares Russell Mid-Cap ETF by 186.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 764,638 shares of the company’s stock worth $70,324,000 after buying an additional 497,601 shares during the period. NorthRock Partners LLC boosted its holdings in iShares Russell Mid-Cap ETF by 1,296.2% in the 3rd quarter. NorthRock Partners LLC now owns 533,490 shares of the company’s stock worth $51,508,000 after buying an additional 495,279 shares during the period. Finally, Proficio Capital Partners LLC boosted its holdings in iShares Russell Mid-Cap ETF by 5,042.0% in the 3rd quarter. Proficio Capital Partners LLC now owns 426,784 shares of the company’s stock worth $41,206,000 after buying an additional 418,484 shares during the period. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.6%

IWR opened at $106.92 on Wednesday. The company has a 50 day moving average of $103.74 and a 200 day moving average of $100.62. The company has a market cap of $53.78 billion, a PE ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 12 month low of $88.83 and a 12 month high of $108.65.

iShares Russell Mid-Cap ETF Company 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.