Nixon Peabody Trust Co. Purchases New Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Nixon Peabody Trust Co. purchased a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,500 shares of the company’s stock, valued at approximately $309,000.

Other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in iShares Russell Mid-Cap ETF by 2.9% in the third quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after buying an additional 198,719 shares in the last quarter. Truist Financial Corp raised its stake in iShares Russell Mid-Cap ETF by 1.7% in the fourth quarter. Truist Financial Corp now owns 3,674,764 shares of the company’s stock worth $324,849,000 after buying an additional 62,030 shares in the last quarter. FMR LLC raised its stake in iShares Russell Mid-Cap ETF by 2.2% in the third quarter. FMR LLC now owns 2,872,877 shares of the company’s stock worth $253,215,000 after buying an additional 63,048 shares in the last quarter. Oakworth Capital Inc. raised its stake in iShares Russell Mid-Cap ETF by 1.9% in the fourth quarter. Oakworth Capital Inc. now owns 1,113,122 shares of the company’s stock worth $98,400,000 after buying an additional 20,237 shares in the last quarter. Finally, Synovus Financial Corp raised its stake in iShares Russell Mid-Cap ETF by 0.5% in the third quarter. Synovus Financial Corp now owns 1,041,917 shares of the company’s stock worth $91,835,000 after buying an additional 5,247 shares in the last quarter.

iShares Russell Mid-Cap ETF Stock Up 1.2 %

Shares of NYSEARCA:IWR opened at $89.46 on Friday. The company has a market capitalization of $38.94 billion, a price-to-earnings ratio of 21.79 and a beta of 1.12. iShares Russell Mid-Cap ETF has a 52 week low of $78.36 and a 52 week high of $96.00. The firm has a 50 day moving average of $90.72 and a 200 day moving average of $89.63.

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.