Northwest Bank & Trust Co Invests $180,000 in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Northwest Bank & Trust Co acquired a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 2,320 shares of the company’s stock, valued at approximately $180,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. acquired a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at about $263,002,000. Pathstone Holdings LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $157,496,000. Baird Financial Group Inc. lifted its stake in shares of iShares Russell Mid-Cap ETF by 28.3% during the fourth quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock valued at $606,458,000 after buying an additional 1,722,388 shares during the period. Natixis Advisors L.P. boosted its position in iShares Russell Mid-Cap ETF by 1,673.5% during the third quarter. Natixis Advisors L.P. now owns 1,032,192 shares of the company’s stock worth $71,479,000 after acquiring an additional 973,991 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its stake in iShares Russell Mid-Cap ETF by 3.5% in the 4th quarter. Jones Financial Companies Lllp now owns 20,399,582 shares of the company’s stock worth $1,585,660,000 after acquiring an additional 695,205 shares during the period.

iShares Russell Mid-Cap ETF Price Performance

IWR traded down $0.70 during trading on Friday, hitting $80.52. The company’s stock had a trading volume of 744,907 shares, compared to its average volume of 1,285,538. iShares Russell Mid-Cap ETF has a twelve month low of $64.66 and a twelve month high of $84.33. The stock has a market cap of $33.26 billion, a PE ratio of 20.27 and a beta of 1.02. The firm’s 50 day moving average price is $81.32 and its 200-day moving average price is $79.53.

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.