iShares Russell Mid-Cap ETF $IWR Shares Bought by Taylor & Morgan Wealth Management LLC

Taylor & Morgan Wealth Management LLC grew its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.0% during the third quarter, Holdings Channel.com reports. The fund owned 143,205 shares of the company’s stock after acquiring an additional 6,852 shares during the period. iShares Russell Mid-Cap ETF accounts for about 8.4% of Taylor & Morgan Wealth Management LLC’s investment portfolio, making the stock its 3rd biggest position. Taylor & Morgan Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $15,281,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Marquette Asset Management LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the third quarter valued at approximately $2,451,000. Chapin Davis Inc. purchased a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $2,185,000. Eclectic Associates Inc. ADV acquired a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $320,000. Diversified Management Inc. acquired a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $797,000. Finally, Acropolis Investment Management LLC purchased a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $5,600,000. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Up 0.9%

NYSEARCA:IWR opened at $109.82 on Friday. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week high of $114.97. The company has a fifty day simple moving average of $110.81 and a two-hundred day simple moving average of $107.46. The company has a market cap of $56.65 billion, a price-to-earnings 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.