Brown Advisory Inc. Increases Position in iShares Russell Mid-Cap ETF $IWR

Brown Advisory Inc. increased its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 10.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 370,965 shares of the company’s stock after purchasing an additional 35,565 shares during the quarter. Brown Advisory Inc. owned 0.08% of iShares Russell Mid-Cap ETF worth $35,713,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in IWR. HFM Investment Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at about $28,000. KERR FINANCIAL PLANNING Corp purchased a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at about $32,000. Smartleaf Asset Management LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 192.0% in the 3rd 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. Commonwealth Retirement Investments LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at about $41,000. Finally, Dorato Capital Management acquired a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth $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%

NYSEARCA:IWR opened at $109.43 on Tuesday. The company has a market capitalization of $55.04 billion, a PE ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 52-week low of $88.83 and a 52-week high of $110.16. The stock has a fifty day simple moving average of $104.60 and a 200-day simple moving average of $101.01.

iShares Russell Mid-Cap ETF Company 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.