Kelman Lazarov Inc. Invests $703,000 in iShares Russell Mid-Cap ETF $IWR

Kelman Lazarov Inc. bought a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,283 shares of the company’s stock, valued at approximately $703,000.

Several other institutional investors and hedge funds have also bought and sold shares of IWR. Fisher Asset Management LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter valued at approximately $347,000. Bright Futures Wealth Management LLC. bought a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at $243,000. Finemark National Bank & Trust raised its holdings in iShares Russell Mid-Cap ETF by 1.2% during the 3rd quarter. Finemark National Bank & Trust now owns 61,231 shares of the company’s stock valued at $5,912,000 after buying an additional 726 shares during the last quarter. River Wealth Advisors LLC boosted its position in iShares Russell Mid-Cap ETF by 2.1% during the 3rd quarter. River Wealth Advisors LLC now owns 411,559 shares of the company’s stock valued at $39,736,000 after buying an additional 8,619 shares during the period. Finally, Arete Wealth Advisors LLC grew its holdings in iShares Russell Mid-Cap ETF by 7.5% in the 3rd quarter. Arete Wealth Advisors LLC now owns 3,141 shares of the company’s stock worth $303,000 after acquiring an additional 218 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Trading Down 0.4%

Shares of NYSEARCA:IWR opened at $102.99 on Monday. The company has a market cap of $49.25 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. The company has a 50-day moving average price of $100.17 and a 200-day moving average price of $97.43. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $103.47.

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.