Shelton Wealth Management LLC Has $9.31 Million Stake in iShares Russell Mid-Cap ETF $IWR

Shelton Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 21.5% during the 1st quarter, Holdings Channel reports. The firm owned 95,760 shares of the company’s stock after purchasing an additional 16,930 shares during the quarter. iShares Russell Mid-Cap ETF comprises 4.1% of Shelton Wealth Management LLC’s portfolio, making the stock its 7th biggest holding. Shelton Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $9,311,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. HFM Investment Advisors LLC acquired a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at about $28,000. KERR FINANCIAL PLANNING Corp bought a new stake in iShares Russell Mid-Cap ETF in the third quarter valued at approximately $32,000. Reflection Asset Management bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $33,000. Commonwealth Retirement Investments LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $41,000. Finally, TD Capital Management LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $42,000. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Down 0.3%

Shares of NYSEARCA IWR traded down $0.29 during midday trading on Tuesday, hitting $110.32. 548,400 shares of the company’s stock were exchanged, compared to its average volume of 2,521,714. iShares Russell Mid-Cap ETF has a 12 month low of $91.36 and a 12 month high of $111.43. The company’s 50 day moving average price is $106.71 and its 200 day moving average price is $102.22. The firm has a market capitalization of $56.97 billion, a PE 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.