iShares Russell Mid-Cap ETF $IWR Stake Boosted by Bridges Investment Management Inc.

Bridges Investment Management Inc. grew its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 42.0% during the 4th quarter, HoldingsChannel reports. The fund owned 208,896 shares of the company’s stock after acquiring an additional 61,741 shares during the period. Bridges Investment Management Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $20,110,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of IWR. Corepath Wealth Partners LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 282.0% in the third quarter. Corepath Wealth Partners LLC now owns 17,110 shares of the company’s stock valued at $1,665,000 after buying an additional 12,631 shares during the period. Tompkins Financial Corp grew its position in iShares Russell Mid-Cap ETF by 465.7% in the fourth quarter. Tompkins Financial Corp now owns 116,276 shares of the company’s stock valued at $11,194,000 after acquiring an additional 95,723 shares during the period. Atria Investments Inc raised its position in iShares Russell Mid-Cap ETF by 23.2% in the 3rd quarter. Atria Investments Inc now owns 32,527 shares of the company’s stock valued at $3,140,000 after purchasing an additional 6,128 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 163.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 39,916 shares of the company’s stock worth $3,885,000 after purchasing an additional 24,782 shares in the last quarter. Finally, Becker Capital Management Inc. bought a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at $1,173,000. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR opened at $108.23 on Wednesday. The firm has a market capitalization of $54.44 billion, a price-to-earnings ratio of 21.00 and a beta of 1.01. The business’s fifty day moving average price is $102.47 and its two-hundred day moving average price is $100.06. iShares Russell Mid-Cap ETF has a 52 week low of $88.71 and a 52 week high of $108.34.

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.