Wealthfront Advisers LLC Purchases 5,311 Shares of iShares Russell Mid-Cap ETF $IWR

Wealthfront Advisers LLC grew its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 23.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 28,337 shares of the company’s stock after purchasing an additional 5,311 shares during the period. Wealthfront Advisers LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,755,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in iShares Russell Mid-Cap ETF by 6.6% during the fourth quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock worth $6,408,658,000 after purchasing an additional 4,145,765 shares during the last quarter. Wells Fargo & Company MN increased its stake 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 last quarter. Morgan Stanley lifted its position in shares of iShares Russell Mid-Cap ETF by 4.5% during the 4th quarter. Morgan Stanley now owns 10,797,769 shares of the company’s stock worth $1,039,501,000 after buying an additional 460,088 shares in the last quarter. Bank of New York Mellon Corp lifted its position in shares of iShares Russell Mid-Cap ETF by 7.6% during the 4th quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock worth $1,037,737,000 after buying an additional 756,994 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of iShares Russell Mid-Cap ETF by 5.4% in the 4th quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock worth $994,622,000 after buying an additional 526,956 shares during the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Down 0.5%

Shares of NYSEARCA IWR opened at $108.78 on Tuesday. The company has a market capitalization of $56.47 billion, a PE ratio of 21.00 and a beta of 1.00. The stock’s 50 day moving average price is $107.89 and its 200-day moving average price is $103.18. iShares Russell Mid-Cap ETF has a twelve month low of $91.36 and a twelve month high of $111.43.

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.