752,722 Shares of iShares Russell Mid-Cap ETF $IWR Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 752,722 shares of the company’s stock, valued at approximately $80,323,000. Commonwealth Equity Services LLC owned approximately 0.14% of iShares Russell Mid-Cap ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWR. LJI Wealth Management LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 2.8% in the third quarter. LJI Wealth Management LLC now owns 198,047 shares of the company’s stock worth $21,134,000 after acquiring an additional 5,460 shares during the last quarter. Steph & Co. purchased a new stake in shares of iShares Russell Mid-Cap ETF in the third quarter valued at $11,870,000. Brookstone Capital Management purchased a new position in iShares Russell Mid-Cap ETF during the 3rd quarter valued at $673,000. Whitener Capital Management Inc. increased its stake in iShares Russell Mid-Cap ETF by 120.5% in the 2nd quarter. Whitener Capital Management Inc. now owns 9,199 shares of the company’s stock worth $1,015,000 after buying an additional 5,027 shares during the period. Finally, Montgomery Financial Services LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the second quarter valued at approximately $1,670,000. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Price Performance

Shares of NYSEARCA:IWR traded up $0.15 during trading hours on Friday, hitting $107.80. The company’s stock had a trading volume of 4,381,858 shares, compared to its average volume of 2,255,418. The firm’s fifty day moving average price is $109.42 and its 200 day moving average price is $106.23. 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 market capitalization of $56.83 billion, a price-to-earnings ratio of 20.27 and a beta of 1.00.

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.