Concurrent Investment Advisors LLC Buys 68,822 Shares of iShares Russell Mid-Cap ETF $IWR

Concurrent Investment Advisors LLC lifted its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 29.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 299,390 shares of the company’s stock after buying an additional 68,822 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $33,029,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Beacon Capital Management LLC grew its position in iShares Russell Mid-Cap ETF by 9.7% during the 2nd quarter. Beacon Capital Management LLC now owns 3,564 shares of the company’s stock worth $393,000 after acquiring an additional 315 shares during the last quarter. Continuum Advisory LLC increased its stake in iShares Russell Mid-Cap ETF by 3.6% in the 2nd quarter. Continuum Advisory LLC now owns 30,429 shares of the company’s stock worth $3,357,000 after purchasing an additional 1,060 shares during the period. Robbins Farley bought a new stake in iShares Russell Mid-Cap ETF in the second quarter valued at approximately $288,000. Chesapeake Wealth Management lifted its position in iShares Russell Mid-Cap ETF by 1.3% in the second quarter. Chesapeake Wealth Management now owns 70,111 shares of the company’s stock valued at $7,735,000 after purchasing an additional 869 shares during the last quarter. Finally, Bedel Financial Consulting Inc. boosted its stake in shares of iShares Russell Mid-Cap ETF by 4.4% during the second quarter. Bedel Financial Consulting Inc. now owns 44,786 shares of the company’s stock valued at $4,941,000 after purchasing an additional 1,891 shares during the period. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $112.14 on Friday. iShares Russell Mid-Cap ETF has a 52-week low of $91.64 and a 52-week high of $114.97. The stock has a market capitalization of $56.88 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. The company’s 50 day moving average price is $111.25 and its 200-day moving average price is $105.95.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.