Bessemer Group Inc. Acquires 12,376 Shares of iShares Russell Mid-Cap ETF $IWR

Bessemer Group Inc. boosted its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 9.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 140,006 shares of the company’s stock after buying an additional 12,376 shares during the quarter. Bessemer Group Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $13,479,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Moneywise Inc. bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at approximately $1,023,000. Western Wealth Management LLC grew its position in iShares Russell Mid-Cap ETF by 32.1% during the fourth quarter. Western Wealth Management LLC now owns 11,216 shares of the company’s stock valued at $1,080,000 after buying an additional 2,724 shares during the period. Allworth Financial LP grew its position in iShares Russell Mid-Cap ETF by 8.1% during the fourth quarter. Allworth Financial LP now owns 21,783 shares of the company’s stock valued at $2,097,000 after buying an additional 1,625 shares during the period. HighMark Wealth Management LLC grew its position in iShares Russell Mid-Cap ETF by 11.0% during the fourth quarter. HighMark Wealth Management LLC now owns 2,725 shares of the company’s stock valued at $262,000 after buying an additional 271 shares during the period. Finally, Fingerlakes Wealth Management Inc. grew its position in iShares Russell Mid-Cap ETF by 18.0% during the fourth quarter. Fingerlakes Wealth Management Inc. now owns 2,589 shares of the company’s stock valued at $249,000 after buying an additional 395 shares during the period. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Trading Down 1.4%

Shares of NYSEARCA IWR opened at $103.69 on Friday. The firm has a 50 day moving average of $100.88 and a 200 day moving average of $99.26. The firm has a market capitalization of $52.16 billion, a price-to-earnings ratio of 21.00 and a beta of 1.01. iShares Russell Mid-Cap ETF has a 12-month low of $86.89 and a 12-month high of $106.43.

iShares Russell Mid-Cap ETF Company 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.