Hsbc Holdings PLC Makes New $2.89 Million Investment in iShares Russell Mid-Cap ETF $IWR

Hsbc Holdings PLC purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 29,974 shares of the company’s stock, valued at approximately $2,886,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. John A. Wolfe & Associates Inc. acquired a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at $385,000. Rockefeller Capital Management L.P. boosted its stake in iShares Russell Mid-Cap ETF by 36.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 925,575 shares of the company’s stock valued at $89,105,000 after buying an additional 247,166 shares in the last quarter. World Investment Advisors boosted its stake in iShares Russell Mid-Cap ETF by 11.9% during the fourth quarter. World Investment Advisors now owns 34,676 shares of the company’s stock valued at $3,338,000 after buying an additional 3,681 shares in the last quarter. Farmers National Bank boosted its stake in iShares Russell Mid-Cap ETF by 8.9% during the fourth quarter. Farmers National Bank now owns 20,160 shares of the company’s stock valued at $1,941,000 after buying an additional 1,651 shares in the last quarter. Finally, Winthrop Partners WNY LLC acquired a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth about $6,561,000. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Trading Up 0.0%

Shares of iShares Russell Mid-Cap ETF stock opened at $110.02 on Friday. The company’s 50-day moving average price is $107.36 and its two-hundred day moving average price is $102.64. iShares Russell Mid-Cap ETF has a 52 week low of $91.36 and a 52 week high of $111.43. The stock has a market cap of $56.81 billion, a PE ratio of 21.00 and a beta of 1.00.

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.