FDx Advisors Inc. Acquires New Stake in iShares Russell Mid-Cap ETF $IWR

FDx Advisors Inc. acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the third quarter, Holdings Channel reports. The firm acquired 48,083 shares of the company’s stock, valued at approximately $5,131,000. iShares Russell Mid-Cap ETF comprises 1.6% of FDx Advisors Inc.’s investment portfolio, making the stock its 18th largest holding.

Other hedge funds have also made changes to their positions in the company. Roxbury Financial LLC raised its holdings in iShares Russell Mid-Cap ETF by 12.3% during the second quarter. Roxbury Financial LLC now owns 893 shares of the company’s stock worth $99,000 after purchasing an additional 98 shares in the last quarter. Asset Management Group Inc. boosted its stake in iShares Russell Mid-Cap ETF by 0.3% during the 1st quarter. Asset Management Group Inc. now owns 39,600 shares of the company’s stock valued at $3,850,000 after purchasing an additional 102 shares in the last quarter. Hickory Point Bank & Trust boosted its stake in iShares Russell Mid-Cap ETF by 5.8% during the 3rd quarter. Hickory Point Bank & Trust now owns 2,111 shares of the company’s stock valued at $225,000 after purchasing an additional 115 shares in the last quarter. Farmers National Bank boosted its stake in iShares Russell Mid-Cap ETF by 0.6% during the 1st quarter. Farmers National Bank now owns 20,278 shares of the company’s stock valued at $1,972,000 after purchasing an additional 118 shares in the last quarter. Finally, Landmark Wealth Management LLC increased its position in shares of iShares Russell Mid-Cap ETF by 2.9% during the 3rd quarter. Landmark Wealth Management LLC now owns 4,717 shares of the company’s stock valued at $503,000 after purchasing an additional 134 shares during the period. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock traded down $0.01 during mid-day trading on Friday, hitting $110.50. 998,284 shares of the stock traded hands, compared to its average volume of 2,254,862. iShares Russell Mid-Cap ETF has a twelve month low of $91.64 and a twelve month high of $114.97. The firm has a market cap of $58.63 billion, a price-to-earnings ratio of 20.27 and a beta of 1.00. The company’s 50-day simple moving average is $109.35 and its 200-day simple moving average is $106.48.

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.