iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Shares Purchased by Spire Wealth Management

Spire Wealth Management boosted its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 0.6% during the second quarter, Holdings Channel.com reports. The institutional investor owned 40,488 shares of the company’s stock after buying an additional 245 shares during the period. Spire Wealth Management’s holdings in iShares Russell Mid-Cap ETF were worth $3,283,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in IWR. GUNN & Co INVESTMENT MANAGEMENT INC. acquired a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth about $749,000. Gilbert & Cook Inc. grew its holdings in iShares Russell Mid-Cap ETF by 2.2% during the 4th quarter. Gilbert & Cook Inc. now owns 927,190 shares of the company’s stock worth $72,070,000 after acquiring an additional 19,594 shares in the last quarter. First Horizon Advisors Inc. grew its holdings in iShares Russell Mid-Cap ETF by 3.1% during the 4th quarter. First Horizon Advisors Inc. now owns 128,365 shares of the company’s stock worth $9,978,000 after acquiring an additional 3,878 shares in the last quarter. Commonwealth Equity Services LLC increased its position in shares of iShares Russell Mid-Cap ETF by 3.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 1,120,339 shares of the company’s stock valued at $87,084,000 after purchasing an additional 41,410 shares during the last quarter. Finally, Summit Global Investments acquired a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at $275,000.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock traded up $0.59 during trading on Friday, hitting $86.60. 609,934 shares of the stock were exchanged, compared to its average volume of 1,261,182. The stock has a market cap of $35.77 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The firm’s 50-day moving average price is $83.08 and its 200 day moving average price is $81.96. iShares Russell Mid-Cap ETF has a 12-month low of $64.66 and a 12-month high of $86.91.

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.