Private Wealth Asset Management LLC Boosts Stock Position in iShares Russell Mid-Cap ETF $IWR

Private Wealth Asset Management LLC boosted its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 145,750 shares of the company’s stock after buying an additional 3,361 shares during the quarter. iShares Russell Mid-Cap ETF makes up about 1.8% of Private Wealth Asset Management LLC’s holdings, making the stock its 11th largest position. Private Wealth Asset Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $13,405,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. JGP Wealth Management LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 8.8% during the second quarter. JGP Wealth Management LLC now owns 3,681 shares of the company’s stock worth $339,000 after purchasing an additional 297 shares during the last quarter. Courier Capital LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 1.3% during the second quarter. Courier Capital LLC now owns 35,651 shares of the company’s stock worth $3,279,000 after purchasing an additional 459 shares during the last quarter. Sagespring Wealth Partners LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 24.3% during the second quarter. Sagespring Wealth Partners LLC now owns 18,779 shares of the company’s stock worth $1,727,000 after purchasing an additional 3,676 shares during the last quarter. Wilmington Savings Fund Society FSB grew its holdings in shares of iShares Russell Mid-Cap ETF by 33.3% during the second quarter. Wilmington Savings Fund Society FSB now owns 381,204 shares of the company’s stock worth $35,059,000 after purchasing an additional 95,187 shares during the last quarter. Finally, RFG Advisory LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 11.8% during the second quarter. RFG Advisory LLC now owns 4,261 shares of the company’s stock worth $392,000 after purchasing an additional 451 shares during the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock opened at $95.96 on Wednesday. The stock’s 50-day moving average is $95.66 and its two-hundred day moving average is $90.79. The firm has a market cap of $44.77 billion, a price-to-earnings ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $97.80.

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.