iShares Russell Mid-Cap ETF $IWR Shares Purchased by Bessemer Group Inc.

Bessemer Group Inc. raised its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 67.8% during the third quarter, Holdings Channel.com reports. The institutional investor owned 127,630 shares of the company’s stock after buying an additional 51,565 shares during the period. Bessemer Group Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $12,323,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 4.2% in the fourth quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock valued at $9,240,000 after acquiring an additional 4,189 shares in the last quarter. Revolve Wealth Partners LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 4th quarter worth about $323,000. QRG Capital Management Inc. increased its position in iShares Russell Mid-Cap ETF by 7.7% during the 2nd quarter. QRG Capital Management Inc. now owns 5,900 shares of the company’s stock worth $543,000 after purchasing an additional 422 shares in the last quarter. Sax Wealth Advisors LLC raised its stake in iShares Russell Mid-Cap ETF by 4.9% in the 2nd quarter. Sax Wealth Advisors LLC now owns 3,934 shares of the company’s stock valued at $362,000 after purchasing an additional 185 shares during the last quarter. Finally, Bar Harbor Wealth Management lifted its holdings in iShares Russell Mid-Cap ETF by 2.7% in the 2nd quarter. Bar Harbor Wealth Management now owns 6,346 shares of the company’s stock valued at $584,000 after purchasing an additional 166 shares in the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA IWR opened at $101.78 on Friday. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $101.91. The firm’s 50 day moving average price is $98.63 and its 200 day moving average price is $96.53. The firm has a market cap of $48.68 billion, a P/E ratio of 21.00 and a beta of 1.06.

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.