iShares Russell Mid-Cap ETF $IWR Stock Purchased by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC lifted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 8.1% during the third quarter, HoldingsChannel reports. The firm owned 288,923 shares of the company’s stock after purchasing an additional 21,716 shares during the quarter. iShares Russell Mid-Cap ETF comprises about 0.7% of Valeo Financial Advisors LLC’s holdings, making the stock its 28th largest holding. Valeo Financial Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $30,831,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Baird Financial Group Inc. increased its stake in iShares Russell Mid-Cap ETF by 18.8% during the 2nd quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock worth $1,176,044,000 after buying an additional 1,690,390 shares during the period. Wells Fargo & Company MN increased its position in shares of iShares Russell Mid-Cap ETF by 3.6% during the fourth quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after acquiring an additional 1,438,369 shares during the last quarter. Performa Ltd US LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 465.1% in the second quarter. Performa Ltd US LLC now owns 1,124,020 shares of the company’s stock worth $124,002,000 after acquiring an additional 925,119 shares in the last quarter. Fifth Third Bancorp lifted its stake in shares of iShares Russell Mid-Cap ETF by 25.7% in the first quarter. Fifth Third Bancorp now owns 2,547,979 shares of the company’s stock worth $247,740,000 after acquiring an additional 521,709 shares in the last quarter. Finally, Coastline Trust Co purchased a new position in iShares Russell Mid-Cap ETF in the third quarter valued at about $29,787,000. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Trading Up 0.2%

NYSEARCA IWR traded up $0.19 during mid-day trading on Thursday, reaching $108.66. 777,544 shares of the company’s stock traded hands, compared to its average volume of 2,217,392. iShares Russell Mid-Cap ETF has a 1-year low of $91.64 and a 1-year high of $114.97. The company has a fifty day simple moving average of $110.83 and a 200-day simple moving average of $107.35. The company has a market cap of $56.05 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00.

About iShares Russell Mid-Cap ETF

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.