Calamos Advisors LLC acquired a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 14,105 shares of the company’s stock, valued at approximately $1,371,000.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in shares of iShares Russell Mid-Cap ETF by 6.6% during the fourth quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock worth $6,408,658,000 after buying an additional 4,145,765 shares during the last quarter. Wells Fargo & Company MN grew its stake in iShares Russell Mid-Cap ETF by 3.6% in the fourth quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock valued at $4,013,120,000 after acquiring an additional 1,438,369 shares during the period. Royal Bank of Canada grew its position in shares of iShares Russell Mid-Cap ETF by 12.9% in the 4th quarter. Royal Bank of Canada now owns 7,911,910 shares of the company’s stock valued at $761,679,000 after purchasing an additional 905,157 shares during the period. Bank of New York Mellon Corp increased its position in shares of iShares Russell Mid-Cap ETF by 7.6% during the fourth quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock worth $1,037,737,000 after acquiring an additional 756,994 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in iShares Russell Mid-Cap ETF by 5.4% during the 4th quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock worth $994,622,000 after purchasing an additional 526,956 shares in the last quarter. 80.16% of the stock is owned by institutional investors.
iShares Russell Mid-Cap ETF Stock Performance
Shares of iShares Russell Mid-Cap ETF stock opened at $110.03 on Friday. iShares Russell Mid-Cap ETF has a 52-week low of $91.36 and a 52-week high of $111.43. The firm has a market cap of $56.90 billion, a PE ratio of 21.00 and a beta of 1.00. The business’s 50 day simple moving average is $107.74 and its 200 day simple moving average is $103.02.
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.
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