Moneywise Inc. Takes $1.02 Million Position in iShares Russell Mid-Cap ETF $IWR

Moneywise Inc. acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 10,629 shares of the company’s stock, valued at approximately $1,023,000.

Several other institutional investors have also recently modified their holdings of IWR. Western Wealth Management LLC grew its position in iShares Russell Mid-Cap ETF by 32.1% during the 4th quarter. Western Wealth Management LLC now owns 11,216 shares of the company’s stock worth $1,080,000 after acquiring an additional 2,724 shares during the last quarter. Allworth Financial LP grew its position in iShares Russell Mid-Cap ETF by 8.1% during the 4th quarter. Allworth Financial LP now owns 21,783 shares of the company’s stock worth $2,097,000 after acquiring an additional 1,625 shares during the last quarter. HighMark Wealth Management LLC grew its position in iShares Russell Mid-Cap ETF by 11.0% during the 4th quarter. HighMark Wealth Management LLC now owns 2,725 shares of the company’s stock worth $262,000 after acquiring an additional 271 shares during the last quarter. Fingerlakes Wealth Management Inc. grew its position in iShares Russell Mid-Cap ETF by 18.0% during the 4th quarter. Fingerlakes Wealth Management Inc. now owns 2,589 shares of the company’s stock worth $249,000 after acquiring an additional 395 shares during the last quarter. Finally, Atria Investments Inc grew its position in iShares Russell Mid-Cap ETF by 6.1% during the 4th quarter. Atria Investments Inc now owns 34,515 shares of the company’s stock worth $3,323,000 after acquiring an additional 1,988 shares during the last quarter. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Price Performance

IWR opened at $104.74 on Thursday. The stock’s 50 day simple moving average is $100.78 and its 200 day simple moving average is $99.17. iShares Russell Mid-Cap ETF has a 1 year low of $86.89 and a 1 year high of $106.43. The firm has a market cap of $52.68 billion, a price-to-earnings ratio of 21.00 and a beta of 1.01.

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.