Sovran Advisors LLC Invests $513,000 in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Sovran Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 5,752 shares of the company’s stock, valued at approximately $513,000.

Several other institutional investors and hedge funds have also modified their holdings of IWR. ORG Partners LLC acquired a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth $58,000. Creative Planning boosted its position in shares of iShares Russell Mid-Cap ETF by 1.0% during the third quarter. Creative Planning now owns 581,328 shares of the company’s stock worth $51,238,000 after buying an additional 5,894 shares during the period. Keystone Wealth Services LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the third quarter worth about $216,000. CCG Wealth Management LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 6.4% during the third quarter. CCG Wealth Management LLC now owns 157,238 shares of the company’s stock worth $13,859,000 after buying an additional 9,452 shares in the last quarter. Finally, Bill Few Associates Inc. raised its position in iShares Russell Mid-Cap ETF by 5.2% in the 3rd quarter. Bill Few Associates Inc. now owns 14,278 shares of the company’s stock valued at $1,258,000 after buying an additional 712 shares during the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA IWR opened at $91.39 on Thursday. The stock has a market capitalization of $37.75 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 52 week low of $77.04 and a 52 week high of $96.00. The stock’s 50 day moving average price is $91.08 and its two-hundred day moving average price is $88.96.

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.