Mycio Wealth Partners LLC Purchases New Shares in iShares Russell Mid-Cap ETF $IWR

Mycio Wealth Partners LLC acquired a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the third quarter, HoldingsChannel reports. The institutional investor acquired 49,913 shares of the company’s stock, valued at approximately $5,326,000. iShares Russell Mid-Cap ETF comprises about 0.9% of Mycio Wealth Partners LLC’s portfolio, making the stock its 14th biggest position.

Several other hedge funds have also modified their holdings of the company. Livelsberger Financial Advisory purchased a new position in shares of iShares Russell Mid-Cap ETF in the third quarter valued at $25,000. NFSG Corp raised its stake 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. Next Level Wealth Planning LLC purchased a new stake in iShares Russell Mid-Cap ETF during the third quarter valued at $30,000. Frazier Financial Advisors LLC purchased a new stake in iShares Russell Mid-Cap ETF during the first quarter valued at $31,000. Finally, Tucker Asset Management LLC lifted its position in iShares Russell Mid-Cap ETF by 234.6% during the second quarter. Tucker Asset Management LLC now owns 358 shares of the company’s stock valued at $39,000 after purchasing an additional 251 shares during the last quarter. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Price Performance

Shares of NYSEARCA:IWR opened at $107.80 on Monday. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week high of $114.97. The stock has a market capitalization of $56.83 billion, a P/E ratio of 20.27 and a beta of 1.00. The firm has a fifty day simple moving average of $109.42 and a two-hundred day simple moving average of $106.23.

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.