Wealthquest Corp Invests $760,000 in iShares Russell Mid-Cap ETF $IWR

Wealthquest Corp bought a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 7,893 shares of the company’s stock, valued at approximately $760,000.

Several other large investors have also recently made changes to their positions in IWR. Jones Financial Companies Lllp boosted its holdings in iShares Russell Mid-Cap ETF by 8.1% during the third quarter. Jones Financial Companies Lllp now owns 75,344,008 shares of the company’s stock worth $7,245,741,000 after buying an additional 5,633,614 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in iShares Russell Mid-Cap ETF by 1.2% in the third quarter. Bank of New York Mellon Corp now owns 10,022,446 shares of the company’s stock valued at $967,667,000 after buying an additional 123,124 shares in the last quarter. Northern Trust Corp increased its holdings in iShares Russell Mid-Cap ETF by 1.4% in the third quarter. Northern Trust Corp now owns 9,804,635 shares of the company’s stock valued at $946,638,000 after buying an additional 134,966 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of iShares Russell Mid-Cap ETF by 0.7% in the third quarter. JPMorgan Chase & Co. now owns 6,623,770 shares of the company’s stock worth $639,525,000 after acquiring an additional 47,842 shares during the period. Finally, Truist Financial Corp raised its position in shares of iShares Russell Mid-Cap ETF by 6.1% in the third quarter. Truist Financial Corp now owns 4,194,401 shares of the company’s stock worth $404,969,000 after acquiring an additional 239,492 shares during the period. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $105.92 on Monday. The firm has a 50-day simple moving average of $101.35 and a two-hundred day simple moving average of $99.57. iShares Russell Mid-Cap ETF has a fifty-two week low of $86.89 and a fifty-two week high of $106.43. The company has a market cap of $53.28 billion, a P/E ratio of 21.00 and a beta of 1.01.

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.