Robertson Stephens Wealth Management LLC Buys 31,608 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Robertson Stephens Wealth Management LLC grew its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 28.5% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 142,329 shares of the company’s stock after acquiring an additional 31,608 shares during the quarter. Robertson Stephens Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $12,582,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Tanglewood Legacy Advisors LLC increased its position in shares of iShares Russell Mid-Cap ETF by 2.7% during the 3rd quarter. Tanglewood Legacy Advisors LLC now owns 82,522 shares of the company’s stock worth $7,274,000 after purchasing an additional 2,135 shares during the last quarter. Keystone Wealth Services LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $216,000. Moss Adams Wealth Advisors LLC increased its position in shares of iShares Russell Mid-Cap ETF by 21.0% during the 3rd quarter. Moss Adams Wealth Advisors LLC now owns 7,038 shares of the company’s stock worth $620,000 after purchasing an additional 1,223 shares during the last quarter. Raymond James & Associates increased its position in shares of iShares Russell Mid-Cap ETF by 2.6% during the 3rd quarter. Raymond James & Associates now owns 1,454,215 shares of the company’s stock worth $128,175,000 after purchasing an additional 36,255 shares during the last quarter. Finally, Summit Investment Advisory Services LLC increased its position in shares of iShares Russell Mid-Cap ETF by 2.1% during the 4th quarter. Summit Investment Advisory Services LLC now owns 7,688 shares of the company’s stock worth $680,000 after purchasing an additional 161 shares during the last quarter.

iShares Russell Mid-Cap ETF Trading Up 0.6 %

IWR stock opened at $92.55 on Thursday. The firm has a market capitalization of $38.23 billion, a PE ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 1-year low of $76.97 and a 1-year high of $96.00. The business’s 50 day simple moving average is $91.36 and its 200 day simple moving average is $88.65.

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.