Pinnacle Bank Increases Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Pinnacle Bank grew its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 13.0% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,499 shares of the company’s stock after buying an additional 748 shares during the period. Pinnacle Bank’s holdings in iShares Russell Mid-Cap ETF were worth $348,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of IWR. Charles Schwab Investment Management Inc. purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at $343,000. Citigroup Inc. increased its stake in iShares Russell Mid-Cap ETF by 3.1% in the fourth quarter. Citigroup Inc. now owns 97,369 shares of the company’s stock valued at $5,805,000 after acquiring an additional 2,910 shares during the last quarter. Raymond James & Associates raised its position in iShares Russell Mid-Cap ETF by 7.4% during the fourth quarter. Raymond James & Associates now owns 1,264,086 shares of the company’s stock valued at $75,365,000 after purchasing an additional 87,544 shares in the last quarter. Chevy Chase Trust Holdings Inc. purchased a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at about $83,000. Finally, Prospera Financial Services Inc lifted its stake in iShares Russell Mid-Cap ETF by 75.1% during the fourth quarter. Prospera Financial Services Inc now owns 25,751 shares of the company’s stock worth $1,535,000 after purchasing an additional 11,047 shares during the last quarter.

NYSEARCA:IWR traded down $0.37 during mid-day trading on Tuesday, reaching $54.18. The stock had a trading volume of 147,325 shares, compared to its average volume of 2,938,248. iShares Russell Mid-Cap ETF has a one year low of $36.03 and a one year high of $62.15. The firm has a 50 day moving average price of $53.10 and a two-hundred day moving average price of $53.26.

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.

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Institutional Ownership by Quarter for iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

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