Savvy Advisors Inc. Boosts Stake in iShares Russell Mid-Cap ETF $IWR

Savvy Advisors Inc. increased its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 274.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 10,126 shares of the company’s stock after acquiring an additional 7,424 shares during the period. Savvy Advisors Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $978,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Jones Financial Companies Lllp increased its position in shares of iShares Russell Mid-Cap ETF by 8.1% in the third quarter. Jones Financial Companies Lllp now owns 75,344,008 shares of the company’s stock valued at $7,245,741,000 after buying an additional 5,633,614 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in iShares Russell Mid-Cap ETF by 23.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 9,899,322 shares of the company’s stock worth $910,441,000 after acquiring an additional 1,880,984 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in iShares Russell Mid-Cap ETF by 186.3% in the 2nd quarter. BNP Paribas Financial Markets now owns 764,638 shares of the company’s stock worth $70,324,000 after acquiring an additional 497,601 shares in the last quarter. Creative Planning raised its position in iShares Russell Mid-Cap ETF by 35.9% during the second quarter. Creative Planning now owns 930,420 shares of the company’s stock worth $85,571,000 after acquiring an additional 245,879 shares during the period. Finally, Truist Financial Corp lifted its holdings in iShares Russell Mid-Cap ETF by 6.1% during the third quarter. Truist Financial Corp now owns 4,194,401 shares of the company’s stock valued at $404,969,000 after purchasing an additional 239,492 shares in the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 1.2%

Shares of NYSEARCA IWR opened at $101.72 on Friday. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $103.29. The company’s 50-day simple moving average is $99.14 and its 200-day simple moving average is $96.77. The firm has a market cap of $48.65 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06.

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.