iShares Russell Mid-Cap ETF $IWR Shares Newly Bought by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC purchased a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 176,761 shares of the company’s stock, valued at approximately $18,862,000.

Other institutional investors also recently modified their holdings of the company. Valeo Financial Advisors LLC increased its holdings in iShares Russell Mid-Cap ETF by 8.1% in the 3rd quarter. Valeo Financial Advisors LLC now owns 288,923 shares of the company’s stock valued at $30,831,000 after buying an additional 21,716 shares during the period. Steph & Co. bought a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $11,870,000. Canandaigua National Trust Co of Florida acquired a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $536,000. Wealth Enhancement Trust Services Inc. boosted its stake in iShares Russell Mid-Cap ETF by 71.9% in the 3rd quarter. Wealth Enhancement Trust Services Inc. now owns 1,434 shares of the company’s stock valued at $153,000 after buying an additional 600 shares in the last quarter. Finally, North Point Portfolio Managers Corp OH bought a new position in shares of iShares Russell Mid-Cap ETF during the third quarter valued at $147,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Down 0.0%

NYSEARCA:IWR traded down $0.02 on Thursday, reaching $108.45. The stock had a trading volume of 636,556 shares, compared to its average volume of 2,216,531. The company has a market capitalization of $55.94 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 1-year low of $91.64 and a 1-year high of $114.97. The stock has a fifty day moving average price of $110.83 and a 200-day moving average price of $107.35.

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. 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.