Brown Advisory Inc. Has $5.64 Million Stake in iShares Russell Mid-Cap ETF (IWR)

Brown Advisory Inc. raised its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 274.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 121,286 shares of the company’s stock after acquiring an additional 88,926 shares during the quarter. Brown Advisory Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $5,637,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in IWR. PNC Financial Services Group Inc. raised its holdings in shares of iShares Russell Mid-Cap ETF by 295.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 18,945,764 shares of the company’s stock worth $880,597,000 after acquiring an additional 14,150,741 shares during the last quarter. Northern Trust Corp raised its holdings in shares of iShares Russell Mid-Cap ETF by 338.1% in the fourth quarter. Northern Trust Corp now owns 6,027,931 shares of the company’s stock worth $280,178,000 after acquiring an additional 4,651,977 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of iShares Russell Mid-Cap ETF by 1,219.6% in the fourth quarter. Bank of New York Mellon Corp now owns 2,784,514 shares of the company’s stock worth $129,424,000 after acquiring an additional 2,573,499 shares during the last quarter. AMG National Trust Bank raised its holdings in shares of iShares Russell Mid-Cap ETF by 303.2% in the fourth quarter. AMG National Trust Bank now owns 2,932,002 shares of the company’s stock worth $136,280,000 after acquiring an additional 2,204,745 shares during the last quarter. Finally, Keybank National Association OH raised its holdings in shares of iShares Russell Mid-Cap ETF by 293.1% in the fourth quarter. Keybank National Association OH now owns 2,683,835 shares of the company’s stock worth $124,744,000 after acquiring an additional 2,001,065 shares during the last quarter.

NYSEARCA IWR opened at $53.77 on Friday. iShares Russell Mid-Cap ETF has a fifty-two week low of $43.64 and a fifty-two week high of $56.23.

TRADEMARK VIOLATION NOTICE: This piece was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this piece on another publication, it was illegally stolen and republished in violation of U.S. & international copyright & trademark legislation. The correct version of this piece can be viewed at https://www.americanbankingnews.com/2019/03/17/brown-advisory-inc-has-5-64-million-stake-in-ishares-russell-mid-cap-etf-iwr.html.

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.

Featured Story: Why is Cost of Capital Important?

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

Receive News & Ratings for iShares Russell Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply