Allstate Corp Makes New $977,000 Investment in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Allstate Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 11,050 shares of the company’s stock, valued at approximately $977,000.

Several other hedge funds and other institutional investors have also made changes to their positions in IWR. FMR LLC grew its position in iShares Russell Mid-Cap ETF by 2.2% in the 3rd quarter. FMR LLC now owns 2,872,877 shares of the company’s stock valued at $253,215,000 after buying an additional 63,048 shares in the last quarter. Townsquare Capital LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 27.7% in the third quarter. Townsquare Capital LLC now owns 3,823 shares of the company’s stock valued at $337,000 after acquiring an additional 829 shares in the last quarter. Benjamin Edwards Inc. acquired a new position in shares of iShares Russell Mid-Cap ETF during the third quarter valued at approximately $1,094,000. Hilltop Holdings Inc. raised its holdings in iShares Russell Mid-Cap ETF by 1.9% during the third quarter. Hilltop Holdings Inc. now owns 33,376 shares of the company’s stock worth $2,942,000 after purchasing an additional 608 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in iShares Russell Mid-Cap ETF by 5.8% in the third quarter. Integrated Wealth Concepts LLC now owns 39,171 shares of the company’s stock worth $3,452,000 after purchasing an additional 2,161 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA IWR opened at $85.07 on Tuesday. iShares Russell Mid-Cap ETF has a 1 year low of $78.36 and a 1 year high of $96.01. The stock has a fifty day moving average price of $89.21 and a two-hundred day moving average price of $89.83. The firm has a market cap of $38.07 billion, a P/E ratio of 20.81 and a beta of 1.13.

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.