Cornerstone Wealth Management LLC Has $1.40 Million Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Cornerstone Wealth Management LLC grew its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 9.9% during the 1st quarter, HoldingsChannel.com reports. The firm owned 16,621 shares of the company’s stock after buying an additional 1,500 shares during the period. Cornerstone Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,398,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. US Bancorp DE grew its position in iShares Russell Mid-Cap ETF by 1.8% in the 4th quarter. US Bancorp DE now owns 21,262,137 shares of the company’s stock worth $1,652,718,000 after purchasing an additional 378,904 shares during the last quarter. Jones Financial Companies Lllp boosted its position in shares of iShares Russell Mid-Cap ETF by 3.5% during the 4th quarter. Jones Financial Companies Lllp now owns 20,399,582 shares of the company’s stock valued at $1,585,660,000 after acquiring an additional 695,205 shares in the last quarter. Northern Trust Corp boosted its position in shares of iShares Russell Mid-Cap ETF by 2.4% during the 4th quarter. Northern Trust Corp now owns 9,093,647 shares of the company’s stock valued at $706,849,000 after acquiring an additional 212,522 shares in the last quarter. Baird Financial Group Inc. boosted its position in shares of iShares Russell Mid-Cap ETF by 28.3% during the 4th quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock valued at $606,458,000 after acquiring an additional 1,722,388 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of iShares Russell Mid-Cap ETF by 2.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 6,952,368 shares of the company’s stock valued at $481,451,000 after acquiring an additional 190,254 shares in the last quarter.

iShares Russell Mid-Cap ETF Stock Up 0.2 %

Shares of IWR stock opened at $80.83 on Friday. iShares Russell Mid-Cap ETF has a 12-month low of $64.66 and a 12-month high of $84.33. The company has a market capitalization of $33.39 billion, a P/E ratio of 20.27 and a beta of 1.02. The firm has a 50-day moving average price of $81.47 and a 200 day moving average price of $80.14.

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.