Northwestern Mutual Wealth Management Co. Purchases 109,656 Shares of iShares Russell Mid-Cap ETF $IWR

Northwestern Mutual Wealth Management Co. raised its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 10.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,179,604 shares of the company’s stock after purchasing an additional 109,656 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.25% of iShares Russell Mid-Cap ETF worth $113,560,000 as of its most recent SEC filing.

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

iShares Russell Mid-Cap ETF Trading Up 0.2%

IWR opened at $107.37 on Friday. The stock has a market capitalization of $54.01 billion, a PE ratio of 21.00 and a beta of 1.01. iShares Russell Mid-Cap ETF has a 1-year low of $87.68 and a 1-year high of $107.57. The firm has a 50-day moving average price of $102.27 and a two-hundred day moving average price of $99.96.

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.