iShares Russell Mid-Cap ETF $IWR Shares Newly Bought by Modera Wealth Management LLC

Modera Wealth Management LLC purchased a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 70,834 shares of the company’s stock, valued at approximately $7,559,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Baird Financial Group Inc. raised its holdings in shares of iShares Russell Mid-Cap ETF by 18.8% during the 2nd quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock valued at $1,176,044,000 after buying an additional 1,690,390 shares in the last quarter. Oakworth Capital Inc. bought a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $132,849,000. Performa Ltd US LLC lifted its position in iShares Russell Mid-Cap ETF by 465.1% in the 2nd quarter. Performa Ltd US LLC now owns 1,124,020 shares of the company’s stock worth $124,002,000 after buying an additional 925,119 shares during the last quarter. Fifth Third Bancorp boosted its stake in iShares Russell Mid-Cap ETF by 25.7% in the first quarter. Fifth Third Bancorp now owns 2,547,979 shares of the company’s stock worth $247,740,000 after buying an additional 521,709 shares in the last quarter. Finally, Albion Financial Group UT purchased a new stake in iShares Russell Mid-Cap ETF in the third quarter worth approximately $51,057,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

Shares of NYSEARCA IWR opened at $110.03 on Friday. iShares Russell Mid-Cap ETF has a one year low of $91.64 and a one year high of $114.97. The firm’s 50 day simple moving average is $109.79 and its two-hundred day simple moving average is $106.00. The stock has a market capitalization of $57.60 billion, a P/E ratio of 21.00 and a beta of 1.00.

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.