BlueChip Wealth Advisors LLC Takes Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

BlueChip Wealth Advisors LLC bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 4,423 shares of the company’s stock, valued at approximately $344,000.

Other institutional investors have also recently added to or reduced their stakes in the company. US Bancorp DE lifted its position in shares of iShares Russell Mid-Cap ETF by 1.8% in the 4th quarter. US Bancorp DE now owns 21,262,137 shares of the company’s stock worth $1,652,718,000 after purchasing an additional 378,904 shares during the period. Jones Financial Companies Lllp grew its holdings in iShares Russell Mid-Cap ETF by 3.5% during 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. Northern Trust Corp grew its holdings in iShares Russell Mid-Cap ETF by 2.4% during the 4th quarter. Northern Trust Corp now owns 9,093,647 shares of the company’s stock worth $706,849,000 after acquiring an additional 212,522 shares during the period. Baird Financial Group Inc. raised its position in shares of iShares Russell Mid-Cap ETF by 28.3% in the 4th quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock worth $606,458,000 after acquiring an additional 1,722,388 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of iShares Russell Mid-Cap ETF by 2.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,952,368 shares of the company’s stock valued at $481,451,000 after purchasing an additional 190,254 shares during the period.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock traded up $0.48 on Monday, hitting $81.00. 892,384 shares of the company’s stock traded hands, compared to its average volume of 1,282,149. The company has a market capitalization of $33.46 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The company has a fifty day moving average of $81.27 and a two-hundred day moving average of $79.64. iShares Russell Mid-Cap ETF has a one year low of $64.66 and a one year high of $84.33.

About iShares Russell Mid-Cap ETF

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.