JPMorgan Chase & Co. Has $639.53 Million Position in iShares Russell Mid-Cap ETF $IWR

JPMorgan Chase & Co. raised its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.7% during the 3rd quarter, HoldingsChannel reports. The firm owned 6,623,770 shares of the company’s stock after purchasing an additional 47,842 shares during the quarter. JPMorgan Chase & Co.’s holdings in iShares Russell Mid-Cap ETF were worth $639,525,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of IWR. First Horizon Corp bought a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $10,431,000. D.A. Davidson & CO. raised its stake in iShares Russell Mid-Cap ETF by 2.0% during the third quarter. D.A. Davidson & CO. now owns 318,885 shares of the company’s stock worth $30,788,000 after acquiring an additional 6,307 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the third quarter valued at $810,000. Assetmark Inc. boosted its stake in shares of iShares Russell Mid-Cap ETF by 65.4% in the 2nd quarter. Assetmark Inc. now owns 5,190 shares of the company’s stock valued at $477,000 after purchasing an additional 2,053 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 156.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 15,134 shares of the company’s stock worth $1,461,000 after purchasing an additional 9,228 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Down 0.1%

Shares of iShares Russell Mid-Cap ETF stock opened at $101.66 on Wednesday. iShares Russell Mid-Cap ETF has a 12-month low of $73.17 and a 12-month high of $103.29. The stock has a market capitalization of $48.62 billion, a P/E ratio of 21.00 and a beta of 1.06. The company has a 50-day simple moving average of $99.34 and a 200 day simple moving average of $96.92.

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.