Moody National Bank Trust Division Acquires New Position in iShares Russell Mid-Cap ETF $IWR

Moody National Bank Trust Division bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 104,565 shares of the company’s stock, valued at approximately $11,158,000. iShares Russell Mid-Cap ETF comprises 0.8% of Moody National Bank Trust Division’s portfolio, making the stock its 18th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Wells Fargo & Company MN lifted its stake in shares of 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 purchasing an additional 1,438,369 shares during the period. Baird Financial Group Inc. grew its position in shares of iShares Russell Mid-Cap ETF by 18.8% in the second quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock valued at $1,176,044,000 after purchasing an additional 1,690,390 shares during the period. JPMorgan Chase & Co. increased its stake in iShares Russell Mid-Cap ETF by 1.7% in the fourth quarter. JPMorgan Chase & Co. now owns 6,739,350 shares of the company’s stock valued at $648,797,000 after purchasing an additional 115,580 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in iShares Russell Mid-Cap ETF by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 4,500,690 shares of the company’s stock worth $496,505,000 after buying an additional 29,329 shares during the period. Finally, AMG National Trust Bank lifted its position in iShares Russell Mid-Cap ETF by 2.0% during the first quarter. AMG National Trust Bank now owns 3,889,097 shares of the company’s stock worth $378,137,000 after buying an additional 77,476 shares during the period. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA:IWR traded up $0.51 during mid-day trading on Tuesday, reaching $109.68. The company’s stock had a trading volume of 1,924,691 shares, compared to its average volume of 2,232,118. The stock has a market cap of $56.45 billion, a P/E ratio of 21.00 and a beta of 1.00. The company’s fifty day simple moving average is $110.87 and its two-hundred day simple moving average is $107.19. iShares Russell Mid-Cap ETF has a twelve month low of $91.64 and a twelve month high of $114.97.

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.