Lavelle Capital LP Acquires New Holdings in iShares Russell Mid-Cap ETF $IWR

Lavelle Capital LP bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 22,163 shares of the company’s stock, valued at approximately $2,155,000. iShares Russell Mid-Cap ETF accounts for approximately 1.3% of Lavelle Capital LP’s holdings, making the stock its 13th largest holding.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its holdings 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 purchasing an additional 4,145,765 shares during the period. Wells Fargo & Company MN lifted its holdings in iShares Russell Mid-Cap ETF by 3.6% during the 4th quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after buying an additional 1,438,369 shares during the period. Morgan Stanley lifted its holdings in iShares Russell Mid-Cap ETF by 4.5% during the 4th quarter. Morgan Stanley now owns 10,797,769 shares of the company’s stock worth $1,039,501,000 after buying an additional 460,088 shares during the period. Bank of New York Mellon Corp grew its position in shares of iShares Russell Mid-Cap ETF by 7.6% in the 4th quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock valued at $1,037,737,000 after buying an additional 756,994 shares during the last quarter. Finally, Northern Trust Corp increased its stake in shares of iShares Russell Mid-Cap ETF by 5.4% in the fourth quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock valued at $994,622,000 after buying an additional 526,956 shares during the period. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Price Performance

iShares Russell Mid-Cap ETF stock opened at $109.69 on Friday. The stock’s 50 day moving average is $108.81 and its 200 day moving average is $103.86. The firm has a market cap of $55.61 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a one year low of $91.36 and a one year high of $111.43.

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.