Philadelphia Trust Co. Purchases 13,913 Shares of iShares Russell Mid-Cap ETF $IWR

Philadelphia Trust Co. purchased a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 13,913 shares of the company’s stock, valued at approximately $1,485,000.

Other large investors also recently added to or reduced their stakes in the company. Baird Financial Group Inc. lifted its holdings in iShares Russell Mid-Cap ETF by 18.8% during 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 in the last quarter. Envestnet Asset Management Inc. increased its stake in iShares Russell Mid-Cap ETF by 0.7% during the 2nd 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 in the last quarter. AMG National Trust Bank purchased a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $420,742,000. Keybank National Association OH acquired a new position in shares of iShares Russell Mid-Cap ETF during the third quarter valued at approximately $162,899,000. Finally, Glenview Trust Co raised its holdings in shares of iShares Russell Mid-Cap ETF by 0.8% during the third quarter. Glenview Trust Co now owns 1,418,745 shares of the company’s stock valued at $151,394,000 after acquiring an additional 10,717 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA IWR opened at $110.59 on Wednesday. The company has a market cap of $58.32 billion, a PE ratio of 20.27 and a beta of 1.00. The stock’s 50 day simple moving average is $109.37 and its 200-day simple moving average is $106.33. iShares Russell Mid-Cap ETF has a 1-year low of $91.64 and a 1-year 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.