Waverly Advisors LLC increased its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 8.0% in the 2nd quarter, Holdings Channel.com reports. The firm owned 1,187,415 shares of the company’s stock after acquiring an additional 88,462 shares during the quarter. iShares Russell Mid-Cap ETF makes up 0.8% of Waverly Advisors LLC’s portfolio, making the stock its 22nd biggest holding. Waverly Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $130,996,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently bought and sold shares of the company. NFSG Corp raised its position in shares of iShares Russell Mid-Cap ETF by 93.1% during the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $27,000 after buying an additional 135 shares during the period. HFM Investment Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter valued at about $28,000. Frazier Financial Advisors LLC acquired a new stake in iShares Russell Mid-Cap ETF in the 1st quarter valued at approximately $31,000. Reflection Asset Management acquired a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth $33,000. Finally, Scarborough Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter valued at $38,000. 80.16% of the stock is currently owned by institutional investors and hedge funds.
iShares Russell Mid-Cap ETF Stock Down 0.8%
NYSEARCA IWR traded down $0.88 during trading on Tuesday, hitting $110.95. The stock had a trading volume of 995,140 shares, compared to its average volume of 2,325,491. The company has a market capitalization of $56.27 billion, a PE ratio of 21.00 and a beta of 1.00. The firm has a 50 day moving average price of $111.34 and a 200 day moving average price of $106.16. iShares Russell Mid-Cap ETF has a twelve month low of $91.64 and a twelve month high of $114.97.
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.
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