Gateway Wealth Partners LLC Acquires Shares of 8,404 iShares Russell Mid-Cap ETF $IWR

Gateway Wealth Partners LLC bought a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 8,404 shares of the company’s stock, valued at approximately $817,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allspring Global Investments Holdings LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 163.8% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 39,916 shares of the company’s stock valued at $3,885,000 after purchasing an additional 24,782 shares during the period. AE Wealth Management LLC grew its position in iShares Russell Mid-Cap ETF by 7.5% during the fourth quarter. AE Wealth Management LLC now owns 308,358 shares of the company’s stock valued at $29,686,000 after buying an additional 21,572 shares during the period. Shelton Wealth Management LLC grew its position in iShares Russell Mid-Cap ETF by 27.2% during the fourth quarter. Shelton Wealth Management LLC now owns 78,830 shares of the company’s stock valued at $7,589,000 after buying an additional 16,864 shares during the period. Ascent Group LLC grew its position in iShares Russell Mid-Cap ETF by 8.8% during the fourth quarter. Ascent Group LLC now owns 127,527 shares of the company’s stock valued at $12,277,000 after buying an additional 10,367 shares during the period. Finally, CCG Wealth Management LLC increased its holdings in iShares Russell Mid-Cap ETF by 4.4% in the fourth quarter. CCG Wealth Management LLC now owns 237,452 shares of the company’s stock valued at $22,860,000 after buying an additional 9,950 shares in the last quarter. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $109.58 on Thursday. The firm has a 50-day simple moving average of $108.63 and a two-hundred day simple moving average of $103.75. The company has a market cap of $55.92 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a fifty-two week low of $91.36 and a fifty-two week high of $111.43.

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.