First Merchants Corp Acquires 21,776 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

First Merchants Corp grew its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 19.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 131,129 shares of the company’s stock after buying an additional 21,776 shares during the period. iShares Russell Mid-Cap ETF accounts for approximately 0.8% of First Merchants Corp’s holdings, making the stock its 28th biggest position. First Merchants Corp’s holdings in iShares Russell Mid-Cap ETF were worth $7,337,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in IWR. M&R Capital Management Inc. boosted its holdings in shares of iShares Russell Mid-Cap ETF by 234.0% during the 3rd quarter. M&R Capital Management Inc. now owns 668 shares of the company’s stock valued at $37,000 after buying an additional 468 shares in the last quarter. Personal Wealth Partners bought a new stake in shares of iShares Russell Mid-Cap ETF during the 2nd quarter valued at $39,000. Horan Capital Advisors LLC. bought a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at $39,000. Tower View Investment Management & Research LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at $44,000. Finally, Asset Dedication LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at $46,000.

Shares of iShares Russell Mid-Cap ETF stock opened at $56.40 on Friday. The firm’s 50-day moving average is $55.89 and its 200 day moving average is $55.42. iShares Russell Mid-Cap ETF has a 1 year low of $43.64 and a 1 year high of $57.50.

The company also recently declared a — dividend, which was paid on Monday, September 30th. Investors of record on Wednesday, September 25th were paid a $0.2099 dividend. This represents a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, September 24th.

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.

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Institutional Ownership by Quarter for iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

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