Northwestern Mutual Wealth Management Co. Has $98.75 Million Stock Position in iShares Russell Mid-Cap ETF $IWR

Northwestern Mutual Wealth Management Co. boosted its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,073,681 shares of the company’s stock after buying an additional 21,194 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.23% of iShares Russell Mid-Cap ETF worth $98,746,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Advantage Trust Co bought a new position in shares of iShares Russell Mid-Cap ETF during the 2nd quarter worth about $28,000. HHM Wealth Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the second quarter valued at about $29,000. N.E.W. Advisory Services LLC acquired a new stake in iShares Russell Mid-Cap ETF during the first quarter worth about $30,000. Traub Capital Management LLC bought a new position in iShares Russell Mid-Cap ETF during the second quarter valued at about $37,000. Finally, Atticus Wealth Management LLC raised its holdings in iShares Russell Mid-Cap ETF by 123.1% in the 2nd quarter. Atticus Wealth Management LLC now owns 415 shares of the company’s stock valued at $38,000 after acquiring an additional 229 shares in the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.6%

IWR opened at $96.95 on Friday. The stock has a market cap of $45.47 billion, a PE 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 $97.87. The stock’s 50 day simple moving average is $95.70 and its 200-day simple moving average is $93.82.

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.