iShares Russell Mid-Cap ETF $IWR Stock: Parallel Advisors LLC Boosts Position

Parallel Advisors LLC boosted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 65.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,989 shares of the company’s stock after acquiring an additional 12,634 shares during the quarter. Parallel Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,414,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of IWR. Asset Dedication LLC acquired a new position in iShares Russell Mid-Cap ETF during the 3rd quarter worth $185,000. United Advisor Group LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 22.8% during the third quarter. United Advisor Group LLC now owns 5,406 shares of the company’s stock worth $577,000 after buying an additional 1,002 shares during the period. Plancorp LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter worth approximately $557,000. International Assets Investment Management LLC raised its holdings in iShares Russell Mid-Cap ETF by 4.5% in the third quarter. International Assets Investment Management LLC now owns 10,797 shares of the company’s stock valued at $1,162,000 after acquiring an additional 466 shares in the last quarter. Finally, Waldron Private Wealth LLC acquired a new stake in iShares Russell Mid-Cap ETF in the third quarter valued at approximately $809,000. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $107.80 on Monday. iShares Russell Mid-Cap ETF has a 52-week low of $91.64 and a 52-week high of $114.97. The company has a 50 day moving average of $109.42 and a 200 day moving average of $106.23. The company has a market capitalization of $56.83 billion, a P/E ratio of 20.27 and a beta of 1.00.

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.