iShares Russell Mid-Cap ETF $IWR Stock Position Raised by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC lifted its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 8.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 267,207 shares of the company’s stock after buying an additional 20,426 shares during the quarter. Valeo Financial Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $29,478,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in IWR. Bank of America Corp DE lifted its stake in iShares Russell Mid-Cap ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 66,569,630 shares of the company’s stock valued at $6,408,658,000 after acquiring an additional 4,145,765 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of iShares Russell Mid-Cap ETF by 3.6% during the 4th quarter. Wells Fargo & Company MN now owns 41,686,088 shares of the company’s stock worth $4,013,120,000 after purchasing an additional 1,438,369 shares during the last quarter. Morgan Stanley increased its stake in shares of iShares Russell Mid-Cap ETF by 4.5% during the 4th quarter. Morgan Stanley now owns 10,797,769 shares of the company’s stock worth $1,039,501,000 after purchasing an additional 460,088 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of iShares Russell Mid-Cap ETF by 7.6% during the 4th quarter. Bank of New York Mellon Corp now owns 10,779,440 shares of the company’s stock valued at $1,037,737,000 after purchasing an additional 756,994 shares in the last quarter. Finally, Northern Trust Corp raised its holdings in shares of iShares Russell Mid-Cap ETF by 5.4% during the 4th quarter. Northern Trust Corp now owns 10,331,591 shares of the company’s stock valued at $994,622,000 after purchasing an additional 526,956 shares in the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 1.2%

IWR stock opened at $113.11 on Friday. The firm has a market cap of $57.37 billion, a PE ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 1 year low of $91.64 and a 1 year high of $113.39. The company has a fifty day simple moving average of $109.35 and a 200 day simple moving average of $104.27.

iShares Russell Mid-Cap ETF 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.