PFW Advisors LLC Invests $17.06 Million in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

PFW Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWRFree Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 192,999 shares of the company’s stock, valued at approximately $17,061,000. iShares Russell Mid-Cap ETF comprises 5.2% of PFW Advisors LLC’s holdings, making the stock its 5th biggest holding.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after acquiring an additional 198,719 shares during the period. Envestnet Asset Management Inc. increased its stake in shares of iShares Russell Mid-Cap ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 4,403,601 shares of the company’s stock valued at $357,044,000 after purchasing an additional 45,347 shares in the last quarter. FMR LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 2.2% during the third quarter. FMR LLC now owns 2,872,877 shares of the company’s stock valued at $253,215,000 after purchasing an additional 63,048 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of iShares Russell Mid-Cap ETF by 2.6% during the third quarter. Raymond James & Associates now owns 1,454,215 shares of the company’s stock valued at $128,175,000 after purchasing an additional 36,255 shares during the last quarter. Finally, Cetera Investment Advisers grew its stake in shares of iShares Russell Mid-Cap ETF by 2.2% in the second quarter. Cetera Investment Advisers now owns 1,219,350 shares of the company’s stock worth $98,865,000 after acquiring an additional 26,578 shares during the last quarter.

iShares Russell Mid-Cap ETF Trading Up 0.7 %

NYSEARCA:IWR traded up $0.64 on Monday, reaching $88.28. 1,684,789 shares of the stock traded hands, compared to its average volume of 1,283,413. The company has a market capitalization of $36.47 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 12 month low of $75.00 and a 12 month high of $96.00. The company’s fifty day simple moving average is $91.61 and its 200 day simple moving average is $87.51.

iShares Russell Mid-Cap ETF Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

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