iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Get Free Report) shares saw an uptick in trading volume on Wednesday. 5,787,137 shares traded hands during mid-day trading, an increase of 161% from the average daily volume of 2,216,455 shares. The stock last traded at $110.6960 and had previously closed at $110.35.
iShares Russell Mid-Cap ETF Price Performance
The firm has a market cap of $58.75 billion, a price-to-earnings ratio of 20.27 and a beta of 1.00. The business’s 50-day moving average price is $109.67 and its two-hundred day moving average price is $106.10.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Livelsberger Financial Advisory bought a new position in shares of iShares Russell Mid-Cap ETF during the third quarter worth about $25,000. NFSG Corp grew its stake in iShares Russell Mid-Cap ETF by 93.1% in the first quarter. NFSG Corp now owns 280 shares of the company’s stock worth $27,000 after purchasing an additional 135 shares in the last quarter. Next Level Wealth Planning LLC bought a new stake in iShares Russell Mid-Cap ETF in the third quarter valued at about $30,000. Frazier Financial Advisors LLC bought a new stake in iShares Russell Mid-Cap ETF in the first quarter valued at about $31,000. Finally, Scarborough Advisors LLC acquired a new stake in iShares Russell Mid-Cap ETF during the first quarter valued at approximately $38,000. 80.16% of the stock is currently owned by institutional investors.
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.
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