Elyxium Wealth LLC Raises Stock Position in iShares Russell Mid-Cap ETF $IWR

Elyxium Wealth LLC increased its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 15.4% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 49,400 shares of the company’s stock after acquiring an additional 6,601 shares during the period. iShares Russell Mid-Cap ETF makes up approximately 1.7% of Elyxium Wealth LLC’s holdings, making the stock its 13th largest holding. Elyxium Wealth LLC’s holdings in iShares Russell Mid-Cap ETF were worth $4,770,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Advantage Trust Co acquired a new stake in shares of iShares Russell Mid-Cap ETF in the 2nd quarter valued at about $28,000. HHM Wealth Advisors LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 2nd quarter worth approximately $29,000. Traub Capital Management LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the second quarter valued at $37,000. Legacy Investment Solutions LLC bought a new position in iShares Russell Mid-Cap ETF in the 2nd quarter worth about $38,000. Finally, Financial Gravity Companies Inc. acquired a new stake in iShares Russell Mid-Cap ETF in the 2nd quarter valued at approximately $47,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 2.6%

Shares of NYSEARCA:IWR opened at $101.78 on Friday. The firm has a market cap of $48.68 billion, a P/E ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a twelve month low of $73.17 and a twelve month high of $101.91. The company has a 50 day moving average of $98.63 and a 200-day moving average of $96.53.

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.