Sigma Planning Corp Makes New Investment in iShares Russell Mid-Cap ETF $IWR

Sigma Planning Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 34,716 shares of the company’s stock, valued at approximately $3,705,000.

Other institutional investors have also added to or reduced their stakes in the company. Baird Financial Group Inc. increased 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 acquiring an additional 1,690,390 shares during the period. Performa Ltd US LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 465.1% during the second quarter. Performa Ltd US LLC now owns 1,124,020 shares of the company’s stock valued at $124,002,000 after acquiring an additional 925,119 shares during the last quarter. Fifth Third Bancorp boosted its holdings in shares of iShares Russell Mid-Cap ETF by 25.7% during the first quarter. Fifth Third Bancorp now owns 2,547,979 shares of the company’s stock worth $247,740,000 after purchasing an additional 521,709 shares during the period. Albion Financial Group UT purchased a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter worth about $51,057,000. Finally, Coastline Trust Co purchased a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter worth about $29,787,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA IWR opened at $110.03 on Tuesday. The stock has a market capitalization of $57.20 billion, a PE ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 1 year low of $91.64 and a 1 year high of $114.97. The business’s 50-day moving average is $110.10 and its 200 day moving average is $105.73.

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.