Fifth Third Bancorp Buys 521,709 Shares of iShares Russell Mid-Cap ETF $IWR

Fifth Third Bancorp boosted its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 25.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,547,979 shares of the company’s stock after buying an additional 521,709 shares during the period. Fifth Third Bancorp owned 0.51% of iShares Russell Mid-Cap ETF worth $247,740,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in IWR. Brighton Jones LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 4.2% in the 4th quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock worth $9,240,000 after acquiring an additional 4,189 shares in the last quarter. Revolve Wealth Partners LLC bought a new position in iShares Russell Mid-Cap ETF during the 4th quarter valued at approximately $323,000. Quantbot Technologies LP bought a new stake in iShares Russell Mid-Cap ETF in the second quarter worth $64,000. Qube Research & Technologies Ltd increased its holdings in shares of iShares Russell Mid-Cap ETF by 581.4% during the second quarter. Qube Research & Technologies Ltd now owns 9,253 shares of the company’s stock valued at $851,000 after acquiring an additional 7,895 shares in the last quarter. Finally, Ieq Capital LLC grew its position in iShares Russell Mid-Cap ETF by 2.6% during the 2nd quarter. Ieq Capital LLC now owns 86,647 shares of the company’s stock valued at $7,969,000 after purchasing an additional 2,199 shares during the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR traded up $0.02 on Friday, hitting $110.02. 2,942,108 shares of the stock traded hands, compared to its average volume of 2,528,392. The business has a 50 day simple moving average of $107.36 and a 200 day simple moving average of $102.64. iShares Russell Mid-Cap ETF has a one year low of $91.36 and a one year high of $111.43. The company has a market capitalization of $56.93 billion, a PE ratio of 21.00 and a beta of 1.00.

About iShares Russell Mid-Cap ETF

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.