iShares Russell Mid-Cap ETF $IWR Shares Newly Acquired by McKinley Carter Wealth Services Inc.

McKinley Carter Wealth Services Inc. purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 26,934 shares of the company’s stock, valued at approximately $2,874,000.

Several other institutional investors have also added to or reduced their stakes in IWR. Baird Financial Group Inc. boosted its position in shares of iShares Russell Mid-Cap ETF by 18.8% during the 2nd quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock valued at $1,176,044,000 after acquiring an additional 1,690,390 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in iShares Russell Mid-Cap ETF by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,500,690 shares of the company’s stock valued at $496,505,000 after purchasing an additional 29,329 shares during the last quarter. AMG National Trust Bank lifted its position in iShares Russell Mid-Cap ETF by 2.0% during the first quarter. AMG National Trust Bank now owns 3,889,097 shares of the company’s stock valued at $378,137,000 after purchasing an additional 77,476 shares during the last quarter. Fifth Third Bancorp lifted its position in iShares Russell Mid-Cap ETF by 25.7% during the first quarter. Fifth Third Bancorp now owns 2,547,979 shares of the company’s stock valued at $247,740,000 after purchasing an additional 521,709 shares during the last quarter. Finally, Glenview Trust Co increased its holdings in shares of iShares Russell Mid-Cap ETF by 3.4% in the 1st quarter. Glenview Trust Co now owns 1,350,641 shares of the company’s stock worth $131,323,000 after buying an additional 44,178 shares during the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

Shares of NYSEARCA IWR traded down $1.07 during mid-day trading on Friday, hitting $108.50. 1,447,060 shares of the company’s stock traded hands, compared to its average volume of 2,198,600. The company’s 50-day moving average is $110.49 and its two-hundred day moving average is $107.89. The company has a market capitalization of $56.14 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 1 year low of $91.64 and a 1 year high of $114.97.

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.