Fifth Third Wealth Advisors LLC Purchases 6,249 Shares of iShares Russell Mid-Cap ETF $IWR

Fifth Third Wealth Advisors LLC lifted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 216,920 shares of the company’s stock after buying an additional 6,249 shares during the quarter. iShares Russell Mid-Cap ETF comprises about 0.7% of Fifth Third Wealth Advisors LLC’s holdings, making the stock its 23rd largest position. Fifth Third Wealth Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $21,091,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Bank of America Corp DE raised its position in shares of iShares Russell Mid-Cap ETF by 6.6% in the 4th quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock worth $6,408,658,000 after acquiring an additional 4,145,765 shares in the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at about $285,568,000. Wells Fargo & Company MN grew its stake in iShares Russell Mid-Cap ETF by 3.6% during the fourth quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after purchasing an additional 1,438,369 shares during the period. Royal Bank of Canada increased its holdings in iShares Russell Mid-Cap ETF by 12.9% in the fourth quarter. Royal Bank of Canada now owns 7,911,910 shares of the company’s stock worth $761,679,000 after purchasing an additional 905,157 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in iShares Russell Mid-Cap ETF by 7.6% in the fourth quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock valued at $1,037,737,000 after buying an additional 756,994 shares during the period. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

iShares Russell Mid-Cap ETF stock opened at $108.56 on Thursday. The stock has a market capitalization of $54.61 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 52-week low of $90.47 and a 52-week high of $110.22. The stock’s 50 day moving average price is $105.77 and its two-hundred day moving average price is $101.60.

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.