Modera Wealth Management LLC Purchases 4,745 Shares of iShares Russell Mid-Cap ETF $IWR

Modera Wealth Management LLC raised its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 7.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 68,386 shares of the company’s stock after purchasing an additional 4,745 shares during the quarter. Modera Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $6,289,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Advantage Trust Co purchased a new position in iShares Russell Mid-Cap ETF during the 2nd quarter valued at $28,000. N.E.W. Advisory Services LLC purchased a new stake in iShares Russell Mid-Cap ETF in the first quarter worth $30,000. Atticus Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 123.1% during the second quarter. Atticus Wealth Management LLC now owns 415 shares of the company’s stock worth $38,000 after purchasing an additional 229 shares during the last quarter. Crews Bank & Trust boosted its stake in shares of iShares Russell Mid-Cap ETF by 54.5% during the second quarter. Crews Bank & Trust now owns 425 shares of the company’s stock valued at $39,000 after purchasing an additional 150 shares during the period. Finally, Oliver Lagore Vanvalin Investment Group bought a new position in shares of iShares Russell Mid-Cap ETF in the second quarter worth about $40,000. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Price Performance

IWR stock opened at $95.41 on Friday. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $97.87. The firm’s 50-day moving average is $96.13 and its 200 day moving average is $92.76. The company has a market capitalization of $44.75 billion, a PE ratio of 21.00 and a beta of 1.06.

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.