2,689,606 Shares in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,689,606 shares of the company’s stock, valued at approximately $237,761,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWR. Radnor Capital Management LLC acquired a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter worth about $1,245,000. Graypoint LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 4.9% in the 3rd quarter. Graypoint LLC now owns 7,486 shares of the company’s stock valued at $660,000 after purchasing an additional 350 shares in the last quarter. Montecito Bank & Trust grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.5% during the 3rd quarter. Montecito Bank & Trust now owns 15,072 shares of the company’s stock worth $1,328,000 after purchasing an additional 371 shares during the period. Global Strategic Investment Solutions LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth about $204,000. Finally, TFB Advisors LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 1.1% during the 3rd quarter. TFB Advisors LLC now owns 32,095 shares of the company’s stock worth $2,829,000 after purchasing an additional 337 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR opened at $86.12 on Friday. iShares Russell Mid-Cap ETF has a 1 year low of $78.36 and a 1 year high of $96.00. The stock has a market capitalization of $37.48 billion, a P/E ratio of 21.79 and a beta of 1.12. The stock has a 50-day simple moving average of $90.51 and a 200-day simple moving average of $89.74.

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.