Wells Fargo & Company MN Buys 1,438,369 Shares of iShares Russell Mid-Cap ETF $IWR

Wells Fargo & Company MN increased its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 41,686,088 shares of the company’s stock after purchasing an additional 1,438,369 shares during the quarter. iShares Russell Mid-Cap ETF makes up approximately 0.7% of Wells Fargo & Company MN’s portfolio, making the stock its 20th biggest holding. Wells Fargo & Company MN owned 8.72% of iShares Russell Mid-Cap ETF worth $4,013,120,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. HFM Investment Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $28,000. KERR FINANCIAL PLANNING Corp bought a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $32,000. Smartleaf Asset Management LLC raised 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 worth $39,000 after purchasing an additional 263 shares during the period. Dorato Capital Management bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $43,000. Finally, Commonwealth Retirement Investments LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $41,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.9%

NYSEARCA:IWR opened at $108.72 on Friday. The stock has a market capitalization of $54.69 billion, a PE ratio of 21.00 and a beta of 1.00. The firm’s 50 day moving average is $104.38 and its 200 day moving average is $100.87. iShares Russell Mid-Cap ETF has a 12 month low of $88.83 and a 12 month high of $109.08.

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.