LPL Financial LLC Acquires 313,199 Shares of iShares Russell Mid-Cap ETF $IWR

LPL Financial LLC increased its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 9.8% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 3,520,066 shares of the company’s stock after purchasing an additional 313,199 shares during the period. LPL Financial LLC owned 0.74% of iShares Russell Mid-Cap ETF worth $338,877,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. HFM Investment Advisors LLC bought a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth about $28,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of iShares Russell Mid-Cap ETF in the third quarter valued at approximately $32,000. Smartleaf Asset Management LLC grew its position in shares of iShares Russell Mid-Cap ETF by 192.0% in the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after purchasing an additional 263 shares during the last quarter. Dorato Capital Management acquired a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $43,000. Finally, Basepoint Wealth LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $43,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.1%

iShares Russell Mid-Cap ETF stock opened at $106.30 on Tuesday. iShares Russell Mid-Cap ETF has a 12 month low of $88.83 and a 12 month high of $108.65. The stock’s 50 day moving average is $103.51 and its 200-day moving average is $100.52. The company has a market capitalization of $53.47 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00.

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.