NewEdge Advisors LLC Boosts Position in iShares Russell Mid-Cap ETF $IWR

NewEdge Advisors LLC lifted its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 8.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 282,266 shares of the company’s stock after purchasing an additional 21,650 shares during the quarter. NewEdge Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $31,140,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of IWR. 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 worth $27,000 after purchasing an additional 135 shares during the period. HFM Investment Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at approximately $28,000. Frazier Financial Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 1st quarter valued at approximately $31,000. Reflection Asset Management acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $33,000. Finally, Scarborough Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the 1st quarter worth approximately $38,000. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Performance

IWR opened at $109.94 on Thursday. iShares Russell Mid-Cap ETF has a one year low of $91.64 and a one year high of $114.97. The stock has a market capitalization of $55.76 billion, a PE ratio of 21.00 and a beta of 1.00. The business’s 50 day moving average price is $111.34 and its 200 day moving average price is $106.21.

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.