NorthRock Partners LLC Grows Stock Position in iShares Russell Mid-Cap ETF $IWR

NorthRock Partners LLC lifted its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 27.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 38,211 shares of the company’s stock after purchasing an additional 8,316 shares during the quarter. NorthRock Partners LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,514,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Verdence Capital Advisors LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 7.9% during the second quarter. Verdence Capital Advisors LLC now owns 121,136 shares of the company’s stock worth $11,141,000 after purchasing an additional 8,840 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 9.8% during the second quarter. Sequoia Financial Advisors LLC now owns 49,953 shares of the company’s stock worth $4,594,000 after purchasing an additional 4,463 shares during the last quarter. Welch Group LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the second quarter worth approximately $212,000. Pathway Financial Advisors LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 12.4% during the second quarter. Pathway Financial Advisors LLC now owns 33,355 shares of the company’s stock worth $3,068,000 after purchasing an additional 3,686 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 30.4% during the second quarter. Allspring Global Investments Holdings LLC now owns 5,906 shares of the company’s stock worth $547,000 after purchasing an additional 1,377 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 IWR stock opened at $94.02 on Monday. The business’s fifty day moving average price is $95.58 and its 200 day moving average price is $90.68. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $97.80. The firm has a market capitalization of $43.86 billion, a PE ratio of 21.00 and a beta of 1.09.

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.