70,834 Shares of iShares Russell Mid-Cap ETF $IWR Purchased by Modera Wealth Management LLC

Modera Wealth Management LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the third quarter, Holdings Channel reports. The fund acquired 70,834 shares of the company’s stock, valued at approximately $7,559,000.

Several other large investors have also recently modified their holdings of IWR. Cranbrook Wealth Management LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at about $710,000. Glenview Trust Co grew its position in iShares Russell Mid-Cap ETF by 0.8% during the 3rd quarter. Glenview Trust Co now owns 1,418,745 shares of the company’s stock worth $151,394,000 after acquiring an additional 10,717 shares during the last quarter. Partners Wealth Management LLC bought a new position in iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $358,000. Choreo LLC grew its position in iShares Russell Mid-Cap ETF by 1.6% during the 3rd quarter. Choreo LLC now owns 44,203 shares of the company’s stock worth $4,717,000 after acquiring an additional 698 shares during the last quarter. Finally, Livelsberger Financial Advisory purchased a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $25,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $110.03 on Friday. iShares Russell Mid-Cap ETF has a one year low of $91.64 and a one year high of $114.97. The business’s 50 day simple moving average is $109.79 and its two-hundred day simple moving average is $106.00. The stock has a market capitalization of $57.60 billion, a P/E ratio of 21.00 and a beta of 1.00.

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.