Shelton Wealth Management LLC Has $9.31 Million Stock Holdings in iShares Russell Mid-Cap ETF $IWR

Shelton Wealth Management LLC grew its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 21.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 95,760 shares of the company’s stock after purchasing an additional 16,930 shares during the period. iShares Russell Mid-Cap ETF comprises approximately 4.1% of Shelton Wealth Management LLC’s investment portfolio, making the stock its 7th biggest holding. Shelton Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $9,311,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Bank of America Corp DE increased its stake in iShares Russell Mid-Cap ETF by 6.6% in the 4th quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock valued at $6,408,658,000 after buying an additional 4,145,765 shares during the last quarter. Wells Fargo & Company MN boosted its stake in shares of iShares Russell Mid-Cap ETF by 3.6% during the 4th quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after buying an additional 1,438,369 shares during the last quarter. Morgan Stanley grew its holdings in shares of iShares Russell Mid-Cap ETF by 4.5% in the 4th quarter. Morgan Stanley now owns 10,797,769 shares of the company’s stock valued at $1,039,501,000 after acquiring an additional 460,088 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of iShares Russell Mid-Cap ETF by 7.6% in the 4th quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock valued at $1,037,737,000 after acquiring an additional 756,994 shares in the last quarter. Finally, Northern Trust Corp increased its position in shares of iShares Russell Mid-Cap ETF by 5.4% in the fourth quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock valued at $994,622,000 after acquiring an additional 526,956 shares during the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

IWR traded down $0.29 on Tuesday, hitting $110.32. 548,400 shares of the company were exchanged, compared to its average volume of 2,521,714. iShares Russell Mid-Cap ETF has a 12 month low of $91.36 and a 12 month high of $111.43. The company has a market cap of $56.97 billion, a PE ratio of 21.00 and a beta of 1.00. The stock’s fifty day moving average is $106.71 and its 200-day moving average is $102.22.

iShares Russell Mid-Cap ETF Company Profile

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.