iShares Russell Mid-Cap ETF $IWR Shares Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC increased its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 8.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 282,266 shares of the company’s stock after purchasing an additional 21,650 shares during the quarter. NewEdge Advisors LLC owned approximately 0.06% of iShares Russell Mid-Cap ETF worth $31,140,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in IWR. IFP Advisors Inc grew its holdings in shares of iShares Russell Mid-Cap ETF by 30.3% during the second quarter. IFP Advisors Inc now owns 13,703 shares of the company’s stock worth $1,512,000 after buying an additional 3,188 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the second quarter valued at about $315,000. Baird Financial Group Inc. lifted its stake in shares of iShares Russell Mid-Cap ETF by 18.8% in the second quarter. Baird Financial Group Inc. now owns 10,660,298 shares of the company’s stock worth $1,176,044,000 after buying an additional 1,690,390 shares in the last quarter. Performa Ltd US LLC grew its stake in iShares Russell Mid-Cap ETF by 465.1% during the 2nd quarter. Performa Ltd US LLC now owns 1,124,020 shares of the company’s stock valued at $124,002,000 after acquiring an additional 925,119 shares in the last quarter. Finally, Sterling Investment Advisors Ltd. purchased a new stake in iShares Russell Mid-Cap ETF during the 2nd quarter valued at about $201,000. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Trading Down 0.9%

IWR stock opened at $109.94 on Thursday. The company has a market cap of $55.76 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 12 month low of $91.64 and a 12 month high of $114.97. The firm has a 50-day moving average of $111.34 and a two-hundred day moving average of $106.21.

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.