CIBC Private Wealth Group LLC Purchases 15,285 Shares of iShares Russell Mid-Cap ETF $IWR

CIBC Private Wealth Group LLC increased its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.5% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,960,600 shares of the company’s stock after buying an additional 15,285 shares during the period. CIBC Private Wealth Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $285,846,000 as of its most recent SEC filing.

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

iShares Russell Mid-Cap ETF Trading Up 0.5%

IWR stock opened at $98.53 on Wednesday. The company’s 50 day moving average is $100.66 and its 200 day moving average is $97.81. The stock has a market cap of $47.12 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $103.53.

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.