Waldron Private Wealth LLC purchased a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) during the 3rd quarter, HoldingsChannel reports. The fund purchased 7,585 shares of the company’s stock, valued at approximately $809,000.
A number of other institutional investors also recently modified their holdings of IWR. Calamos Wealth Management LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter worth $1,508,000. Ullmann Wealth Partners Group LLC grew its position in shares of iShares Russell Mid-Cap ETF by 0.8% in the third quarter. Ullmann Wealth Partners Group LLC now owns 196,584 shares of the company’s stock valued at $20,977,000 after purchasing an additional 1,577 shares in the last quarter. Kestra Advisory Services LLC grew its position in shares of iShares Russell Mid-Cap ETF by 18.7% in the third quarter. Kestra Advisory Services LLC now owns 336,582 shares of the company’s stock valued at $35,917,000 after purchasing an additional 53,007 shares in the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at $80,323,000. Finally, Wealth Dimensions Group Ltd. raised its stake in shares of iShares Russell Mid-Cap ETF by 30.5% during the 3rd quarter. Wealth Dimensions Group Ltd. now owns 6,398 shares of the company’s stock valued at $683,000 after purchasing an additional 1,496 shares during the period. 80.16% of the stock is currently owned by hedge funds and other institutional investors.
iShares Russell Mid-Cap ETF Stock Performance
Shares of IWR opened at $107.80 on Friday. The stock’s 50-day simple moving average is $109.42 and its 200 day simple moving average is $106.23. The stock has a market capitalization of $56.83 billion, a price-to-earnings ratio of 20.27 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 52-week low of $91.64 and a 52-week high of $114.97.
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. 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.
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