Narwhal Capital Management Purchases 1,399 Shares of iShares Russell Mid-Cap ETF (IWR)

Narwhal Capital Management increased its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 24.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,100 shares of the company’s stock after purchasing an additional 1,399 shares during the quarter. Narwhal Capital Management’s holdings in iShares Russell Mid-Cap ETF were worth $383,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of IWR. Bank of America Corp DE lifted its holdings in shares of iShares Russell Mid-Cap ETF by 344.1% in the fourth quarter. Bank of America Corp DE now owns 49,314,252 shares of the company’s stock worth $2,292,127,000 after acquiring an additional 38,208,783 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of iShares Russell Mid-Cap ETF by 295.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 18,945,764 shares of the company’s stock worth $880,597,000 after acquiring an additional 14,150,741 shares during the last quarter. Northern Trust Corp increased its stake in shares of iShares Russell Mid-Cap ETF by 338.1% in the fourth quarter. Northern Trust Corp now owns 6,027,931 shares of the company’s stock valued at $280,178,000 after buying an additional 4,651,977 shares during the period. AMG National Trust Bank increased its stake in shares of iShares Russell Mid-Cap ETF by 303.2% in the fourth quarter. AMG National Trust Bank now owns 2,932,002 shares of the company’s stock valued at $136,280,000 after buying an additional 2,204,745 shares during the period. Finally, Bank of New York Mellon Corp increased its stake in shares of iShares Russell Mid-Cap ETF by 1,219.6% in the fourth quarter. Bank of New York Mellon Corp now owns 2,784,514 shares of the company’s stock valued at $129,424,000 after buying an additional 2,573,499 shares during the period.

iShares Russell Mid-Cap ETF stock opened at $56.04 on Friday. iShares Russell Mid-Cap ETF has a 1 year low of $43.64 and a 1 year high of $56.23.

COPYRIGHT VIOLATION NOTICE: This article was originally posted by Baseball Daily News and is the sole property of of Baseball Daily News. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The legal version of this article can be viewed at https://www.baseballdailydigest.com/news/2019/05/05/ishares-russell-mid-cap-etf-iwr-stake-lifted-by-narwhal-capital-management.html.

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.

Further Reading: What are Bollinger Bands?

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

Receive News & Ratings for iShares Russell Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.