Midland Wealth Advisors LLC Grows Stock Position in iShares Russell Mid-Cap ETF $IWR

Midland Wealth Advisors LLC increased its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 12.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 9,838 shares of the company’s stock after acquiring an additional 1,119 shares during the period. Midland Wealth Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $905,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Advantage Trust Co acquired a new position in shares of iShares Russell Mid-Cap ETF in 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 1st quarter valued at about $30,000. Atticus Wealth Management LLC lifted its position in iShares Russell Mid-Cap ETF by 123.1% in the second quarter. Atticus Wealth Management LLC now owns 415 shares of the company’s stock valued at $38,000 after buying an additional 229 shares during the last quarter. Legacy Investment Solutions LLC purchased a new position in iShares Russell Mid-Cap ETF during the second quarter worth about $38,000. Finally, Crews Bank & Trust boosted its stake in iShares Russell Mid-Cap ETF by 54.5% during the second quarter. Crews Bank & Trust now owns 425 shares of the company’s stock worth $39,000 after buying an additional 150 shares during the period. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

iShares Russell Mid-Cap ETF stock opened at $95.41 on Monday. The company’s 50 day simple moving average is $96.13 and its 200-day simple moving average is $92.92. The company has a market capitalization of $44.75 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $97.87.

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.