iShares Russell Mid-Cap ETF $IWR Holdings Boosted by Bridges Investment Management Inc.

Bridges Investment Management Inc. grew its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 42.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 208,896 shares of the company’s stock after purchasing an additional 61,741 shares during the period. Bridges Investment Management Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $20,110,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. HFM Investment Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at $28,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF in the third quarter valued at $32,000. Smartleaf Asset Management LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 192.0% in the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after purchasing an additional 263 shares in the last quarter. Dorato Capital Management purchased a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at $43,000. Finally, Basepoint Wealth LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at $43,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 0.7%

IWR opened at $108.23 on Wednesday. The stock has a fifty day moving average of $102.47 and a 200-day moving average of $100.06. The firm has a market capitalization of $54.44 billion, a P/E ratio of 21.00 and a beta of 1.01. iShares Russell Mid-Cap ETF has a 12-month low of $88.71 and a 12-month high of $108.34.

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.