Bank of New York Mellon Corp Has $1.04 Billion Holdings in iShares Russell Mid-Cap ETF $IWR

Bank of New York Mellon Corp lifted its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 7.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,779,440 shares of the company’s stock after acquiring an additional 756,994 shares during the period. Bank of New York Mellon Corp owned approximately 2.25% of iShares Russell Mid-Cap ETF worth $1,037,737,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Northern Trust Corp boosted its stake in iShares Russell Mid-Cap ETF by 1.4% in the 3rd quarter. Northern Trust Corp now owns 9,804,635 shares of the company’s stock worth $946,638,000 after purchasing an additional 134,966 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of iShares Russell Mid-Cap ETF by 0.7% in the third quarter. JPMorgan Chase & Co. now owns 6,623,770 shares of the company’s stock valued at $639,525,000 after purchasing an additional 47,842 shares in the last quarter. AMG National Trust Bank lifted its holdings in shares of iShares Russell Mid-Cap ETF by 0.4% in the fourth quarter. AMG National Trust Bank now owns 3,811,621 shares of the company’s stock valued at $366,945,000 after purchasing an additional 13,491 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of iShares Russell Mid-Cap ETF by 4.4% during the second quarter. Ameriprise Financial Inc. now owns 3,540,276 shares of the company’s stock worth $331,052,000 after buying an additional 147,857 shares during the period. Finally, CIBC Private Wealth Group LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 0.5% during the third quarter. CIBC Private Wealth Group LLC now owns 2,960,600 shares of the company’s stock worth $285,846,000 after buying an additional 15,285 shares during the period. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA:IWR opened at $108.23 on Wednesday. The stock has a 50-day simple moving average of $102.47 and a 200 day simple moving average of $100.06. iShares Russell Mid-Cap ETF has a 52-week low of $88.71 and a 52-week high of $108.34. The company has a market cap of $54.44 billion, a PE ratio of 21.00 and a beta of 1.01.

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. 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.