Waverly Advisors LLC Increases Stake in iShares Russell Mid-Cap ETF $IWR

Waverly Advisors LLC raised its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 17.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 1,098,953 shares of the company’s stock after acquiring an additional 165,524 shares during the period. iShares Russell Mid-Cap ETF makes up 0.8% of Waverly Advisors LLC’s investment portfolio, making the stock its 19th largest holding. Waverly Advisors LLC owned 0.22% of iShares Russell Mid-Cap ETF worth $106,851,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE raised its holdings in iShares Russell Mid-Cap ETF by 6.6% during the fourth quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock worth $6,408,658,000 after purchasing an additional 4,145,765 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in iShares Russell Mid-Cap ETF by 3.6% in the 4th quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock valued at $4,013,120,000 after purchasing an additional 1,438,369 shares in the last quarter. Morgan Stanley increased its position in iShares Russell Mid-Cap ETF by 4.5% during the 4th quarter. Morgan Stanley now owns 10,797,769 shares of the company’s stock worth $1,039,501,000 after purchasing an additional 460,088 shares during the period. Bank of New York Mellon Corp increased its position in iShares Russell Mid-Cap ETF by 7.6% during 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 purchasing an additional 756,994 shares during the period. Finally, Northern Trust Corp raised its stake in shares of iShares Russell Mid-Cap ETF by 5.4% during the 4th quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock worth $994,622,000 after buying an additional 526,956 shares in the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

IWR opened at $109.36 on Friday. The business has a 50 day simple moving average of $108.25 and a 200-day simple moving average of $103.49. The stock has a market capitalization of $55.77 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 12 month low of $91.36 and a 12 month high of $111.43.

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.