Elyxium Wealth LLC Has $3.94 Million Position in iShares Russell Mid-Cap ETF $IWR

Elyxium Wealth LLC grew its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 50.6% in the second quarter, Holdings Channel reports. The institutional investor owned 42,799 shares of the company’s stock after purchasing an additional 14,371 shares during the period. iShares Russell Mid-Cap ETF accounts for approximately 1.5% of Elyxium Wealth LLC’s holdings, making the stock its 17th biggest position. Elyxium Wealth LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,936,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. U.S. Capital Wealth Advisors LLC raised its position in shares of iShares Russell Mid-Cap ETF by 0.5% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 21,254 shares of the company’s stock valued at $1,955,000 after buying an additional 109 shares during the last quarter. Register Financial Advisors LLC raised its position in shares of iShares Russell Mid-Cap ETF by 2.0% during the second quarter. Register Financial Advisors LLC now owns 5,444 shares of the company’s stock valued at $501,000 after buying an additional 109 shares during the last quarter. Welch & Forbes LLC raised its position in shares of iShares Russell Mid-Cap ETF by 0.5% during the second quarter. Welch & Forbes LLC now owns 22,727 shares of the company’s stock valued at $2,090,000 after buying an additional 110 shares during the last quarter. Heritage Financial Services LLC raised its position in shares of iShares Russell Mid-Cap ETF by 3.8% during the second quarter. Heritage Financial Services LLC now owns 3,129 shares of the company’s stock valued at $288,000 after buying an additional 114 shares during the last quarter. Finally, Endeavor Private Wealth Inc. raised its position in shares of iShares Russell Mid-Cap ETF by 2.9% during the second quarter. Endeavor Private Wealth Inc. now owns 4,219 shares of the company’s stock valued at $388,000 after buying an additional 117 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR opened at $95.57 on Tuesday. The company has a 50-day simple moving average of $96.23 and a 200-day simple moving average of $92.51. The firm has a market capitalization of $44.81 billion, a P/E ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $97.87.

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.