Valeo Financial Advisors LLC Has $29.48 Million Stake in iShares Russell Mid-Cap ETF $IWR

Valeo Financial Advisors LLC lifted its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 8.3% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 267,207 shares of the company’s stock after purchasing an additional 20,426 shares during the quarter. Valeo Financial Advisors LLC owned 0.05% of iShares Russell Mid-Cap ETF worth $29,478,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in IWR. NFSG Corp grew its position in iShares Russell Mid-Cap ETF by 93.1% during the first quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares in the last quarter. HFM Investment Advisors LLC acquired a new position in iShares Russell Mid-Cap ETF in the 4th quarter valued at approximately $28,000. Frazier Financial Advisors LLC purchased a new stake in iShares Russell Mid-Cap ETF in the 1st quarter worth approximately $31,000. Reflection Asset Management purchased a new stake in iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $33,000. Finally, Scarborough Advisors LLC purchased a new stake in iShares Russell Mid-Cap ETF in the 1st quarter worth approximately $38,000. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Up 1.2%

Shares of NYSEARCA:IWR opened at $113.11 on Friday. The firm has a fifty day moving average of $109.35 and a two-hundred day moving average of $104.27. iShares Russell Mid-Cap ETF has a 12-month low of $91.64 and a 12-month high of $113.39. The firm has a market capitalization of $57.37 billion, a P/E ratio of 21.00 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.