Moneywise Inc. Makes New $1.02 Million Investment in iShares Russell Mid-Cap ETF $IWR

Moneywise Inc. acquired a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 10,629 shares of the company’s stock, valued at approximately $1,023,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Ashton Thomas Securities LLC purchased a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $810,000. Corepath Wealth Partners LLC lifted its holdings in iShares Russell Mid-Cap ETF by 282.0% in the 3rd quarter. Corepath Wealth Partners LLC now owns 17,110 shares of the company’s stock worth $1,665,000 after buying an additional 12,631 shares during the period. Atria Investments Inc lifted its holdings in iShares Russell Mid-Cap ETF by 23.2% in the 3rd quarter. Atria Investments Inc now owns 32,527 shares of the company’s stock worth $3,140,000 after buying an additional 6,128 shares during the period. Bfsg LLC purchased a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $2,595,000. Finally, Becker Capital Management Inc. purchased a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $1,173,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA IWR opened at $104.74 on Thursday. iShares Russell Mid-Cap ETF has a fifty-two week low of $86.89 and a fifty-two week high of $106.43. The stock has a 50 day simple moving average of $100.78 and a two-hundred day simple moving average of $99.17. The stock has a market cap of $52.68 billion, a P/E ratio of 21.00 and a beta of 1.01.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.