iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Sees Strong Trading Volume

iShares Russell Mid-Cap ETF (NYSEARCA:IWR) shares saw unusually-high trading volume on Tuesday . Approximately 1,913,962 shares were traded during mid-day trading, an increase of 38% from the previous session’s volume of 1,386,241 shares.The stock last traded at $79.04 and had previously closed at $79.60.

iShares Russell Mid-Cap ETF Price Performance

The business has a fifty day moving average price of $81.23 and a two-hundred day moving average price of $75.79. The firm has a market cap of $31.65 billion, a PE ratio of 20.48 and a beta of 1.03.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Future Financial Wealth Managment LLC acquired a new stake in iShares Russell Mid-Cap ETF in the first quarter valued at approximately $29,000. Aspire Private Capital LLC bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $27,000. First Command Advisory Services Inc. acquired a new position in iShares Russell Mid-Cap ETF during the third quarter worth $25,000. Financial Synergies Wealth Advisors Inc. raised its holdings in iShares Russell Mid-Cap ETF by 120.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 380 shares of the company’s stock valued at $32,000 after buying an additional 208 shares in the last quarter. Finally, Credit Suisse AG bought a new position in iShares Russell Mid-Cap ETF during the fourth quarter valued at about $26,000.

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.