MidFirst Bank Invests $1.24 Million in iShares Russell Mid-Cap ETF $IWR

MidFirst Bank purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 12,872 shares of the company’s stock, valued at approximately $1,239,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Bank of America Corp DE raised its position in iShares Russell Mid-Cap ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock valued at $6,408,658,000 after purchasing an additional 4,145,765 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth about $285,568,000. Wells Fargo & Company MN raised 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 buying an additional 1,438,369 shares during the period. Royal Bank of Canada raised its holdings in iShares Russell Mid-Cap ETF by 12.9% in the 4th quarter. Royal Bank of Canada now owns 7,911,910 shares of the company’s stock valued at $761,679,000 after buying an additional 905,157 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in iShares Russell Mid-Cap ETF by 7.6% in the fourth quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock valued at $1,037,737,000 after buying an additional 756,994 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $108.54 on Friday. The firm has a market cap of $54.60 billion, a PE ratio of 21.00 and a beta of 1.00. The company has a 50-day moving average of $105.34 and a two-hundred day moving average of $101.31. iShares Russell Mid-Cap ETF has a 1-year low of $88.83 and a 1-year high of $110.22.

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. 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.