Ames National Corp Invests $5.46 Million in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Ames National Corp acquired a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 61,758 shares of the company’s stock, valued at approximately $5,459,000. iShares Russell Mid-Cap ETF accounts for about 3.5% of Ames National Corp’s portfolio, making the stock its 7th biggest position.

Several other institutional investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in shares of iShares Russell Mid-Cap ETF by 2.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after acquiring an additional 198,719 shares in the last quarter. Arkadios Wealth Advisors grew its stake in iShares Russell Mid-Cap ETF by 17.5% during the fourth quarter. Arkadios Wealth Advisors now owns 3,835 shares of the company’s stock worth $339,000 after purchasing an additional 572 shares during the period. Ameritas Advisory Services LLC increased its holdings in iShares Russell Mid-Cap ETF by 65.1% in the fourth quarter. Ameritas Advisory Services LLC now owns 12,326 shares of the company’s stock worth $1,090,000 after purchasing an additional 4,862 shares in the last quarter. Diversify Advisory Services LLC bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth approximately $387,000. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in iShares Russell Mid-Cap ETF by 13.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 9,713 shares of the company’s stock valued at $859,000 after buying an additional 1,123 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

iShares Russell Mid-Cap ETF stock opened at $90.24 on Wednesday. The stock has a market capitalization of $41.26 billion, a price-to-earnings ratio of 19.36 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $96.01. The stock’s 50 day moving average price is $83.98 and its two-hundred day moving average price is $88.55.

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.