iShares Russell Mid-Cap ETF $IWR Shares Acquired by Johnson Investment Counsel Inc.

Johnson Investment Counsel Inc. boosted its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,671,300 shares of the company’s stock after acquiring an additional 56,444 shares during the quarter. iShares Russell Mid-Cap ETF comprises 2.2% of Johnson Investment Counsel Inc.’s holdings, making the stock its 7th largest holding. Johnson Investment Counsel Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $257,914,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Welch & Forbes LLC increased its stake in iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Welch & Forbes LLC now owns 22,832 shares of the company’s stock worth $2,204,000 after buying an additional 105 shares during the period. Hollencrest Capital Management raised its holdings in iShares Russell Mid-Cap ETF by 1.7% in the third quarter. Hollencrest Capital Management now owns 6,226 shares of the company’s stock valued at $601,000 after acquiring an additional 106 shares in the last quarter. Meridian Wealth Management LLC grew its holdings in iShares Russell Mid-Cap ETF by 0.5% during the 2nd quarter. Meridian Wealth Management LLC now owns 20,962 shares of the company’s stock worth $1,928,000 after acquiring an additional 112 shares in the last quarter. Cornerstone Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 21,223 shares of the company’s stock worth $2,049,000 after purchasing an additional 114 shares during the last quarter. Finally, Shared Vision Wealth Group LLC raised its stake in iShares Russell Mid-Cap ETF by 4.4% in the third quarter. Shared Vision Wealth Group LLC now owns 2,874 shares of the company’s stock valued at $276,000 after buying an additional 120 shares in the last quarter. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA IWR opened at $102.11 on Tuesday. The stock’s 50-day simple moving average is $98.75 and its 200-day simple moving average is $96.61. The firm has a market capitalization of $48.83 billion, a PE ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week high of $102.39.

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.