Kingsview Wealth Management LLC Grows Position in iShares Russell Mid-Cap ETF $IWR

Kingsview Wealth Management LLC raised its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 31.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,312 shares of the company’s stock after purchasing an additional 8,943 shares during the quarter. Kingsview Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,602,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. First Horizon Corp acquired a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $10,431,000. D.A. Davidson & CO. increased its stake in shares of iShares Russell Mid-Cap ETF by 2.0% in the third quarter. D.A. Davidson & CO. now owns 318,885 shares of the company’s stock worth $30,788,000 after acquiring an additional 6,307 shares during the period. Assetmark Inc. raised its holdings in shares of iShares Russell Mid-Cap ETF by 65.4% during the second quarter. Assetmark Inc. now owns 5,190 shares of the company’s stock worth $477,000 after purchasing an additional 2,053 shares during the last quarter. Ashton Thomas Securities LLC purchased a new stake in iShares Russell Mid-Cap ETF in the third quarter valued at $810,000. Finally, Allspring Global Investments Holdings LLC boosted its holdings in iShares Russell Mid-Cap ETF by 156.2% in the third quarter. Allspring Global Investments Holdings LLC now owns 15,134 shares of the company’s stock valued at $1,461,000 after purchasing an additional 9,228 shares during the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA IWR opened at $102.14 on Thursday. The firm has a market capitalization of $48.85 billion, a P/E ratio of 21.00 and a beta of 1.06. The stock has a 50-day simple moving average of $100.44 and a two-hundred day simple moving average of $97.57. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week high of $103.53.

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.