UNIVEST FINANCIAL Corp Acquires 7,060 Shares of iShares Russell Mid-Cap ETF $IWR

UNIVEST FINANCIAL Corp acquired a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 3rd quarter, Holdings Channel.com reports. The firm acquired 7,060 shares of the company’s stock, valued at approximately $753,000.

Other institutional investors also recently bought and sold shares of the company. Roxbury Financial LLC lifted its position in iShares Russell Mid-Cap ETF by 12.3% during the second quarter. Roxbury Financial LLC now owns 893 shares of the company’s stock valued at $99,000 after purchasing an additional 98 shares in the last quarter. Asset Management Group Inc. grew its holdings in iShares Russell Mid-Cap ETF by 0.3% during the first quarter. Asset Management Group Inc. now owns 39,600 shares of the company’s stock valued at $3,850,000 after purchasing an additional 102 shares during the period. Hickory Point Bank & Trust increased its position in iShares Russell Mid-Cap ETF by 5.8% in the third quarter. Hickory Point Bank & Trust now owns 2,111 shares of the company’s stock worth $225,000 after buying an additional 115 shares in the last quarter. Farmers National Bank increased its position in iShares Russell Mid-Cap ETF by 0.6% in the first quarter. Farmers National Bank now owns 20,278 shares of the company’s stock worth $1,972,000 after buying an additional 118 shares in the last quarter. Finally, Landmark Wealth Management LLC increased its position in iShares Russell Mid-Cap ETF by 2.9% in the third quarter. Landmark Wealth Management LLC now owns 4,717 shares of the company’s stock worth $503,000 after buying an additional 134 shares in the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Down 1.0%

NYSEARCA IWR opened at $110.51 on Friday. The stock’s 50-day moving average price is $109.38 and its 200-day moving average price is $106.43. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week high of $114.97. The company has a market capitalization of $58.63 billion, a P/E ratio of 20.27 and a beta of 1.00.

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.