Valeo Financial Advisors LLC Grows Stake in iShares Russell Mid-Cap ETF $IWR

Valeo Financial Advisors LLC lifted its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 80.2% in the fourth quarter, Holdings Channel reports. The firm owned 209,492 shares of the company’s stock after buying an additional 93,266 shares during the period. Valeo Financial Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $20,168,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of IWR. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter worth about $32,000. Smartleaf Asset Management LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 192.0% during the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock worth $39,000 after purchasing an additional 263 shares in the last quarter. Dorato Capital Management purchased a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth about $43,000. Cary Street Partners Investment Advisory LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter worth about $47,000. Finally, Cornerstone Planning Group LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter worth about $55,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

IWR stock opened at $105.20 on Monday. The stock has a market capitalization of $52.92 billion, a P/E ratio of 21.00 and a beta of 1.01. The firm has a 50-day simple moving average of $100.62 and a 200-day simple moving average of $98.93. iShares Russell Mid-Cap ETF has a 52 week low of $86.40 and a 52 week high of $106.43.

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.