iShares Russell Mid-Cap ETF $IWR Stock: LJI Wealth Management LLC Grows Position

LJI Wealth Management LLC raised its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.8% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 198,047 shares of the company’s stock after purchasing an additional 5,460 shares during the quarter. iShares Russell Mid-Cap ETF accounts for about 3.0% of LJI Wealth Management LLC’s holdings, making the stock its 7th biggest holding. LJI Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $21,134,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Modera Wealth Management LLC bought a new position in iShares Russell Mid-Cap ETF during the 3rd quarter valued at approximately $7,559,000. Cranbrook Wealth Management LLC purchased a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $710,000. Glenview Trust Co grew its position in shares of iShares Russell Mid-Cap ETF by 0.8% in the 3rd quarter. Glenview Trust Co now owns 1,418,745 shares of the company’s stock worth $151,394,000 after buying an additional 10,717 shares during the last quarter. Partners Wealth Management LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth approximately $358,000. Finally, Choreo LLC grew its position in shares of iShares Russell Mid-Cap ETF by 1.6% in the 3rd quarter. Choreo LLC now owns 44,203 shares of the company’s stock worth $4,717,000 after buying an additional 698 shares during the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

IWR opened at $110.03 on Friday. iShares Russell Mid-Cap ETF has a 52-week low of $91.64 and a 52-week high of $114.97. The stock has a market capitalization of $57.27 billion, a PE ratio of 21.00 and a beta of 1.00. The stock’s 50 day moving average price is $109.79 and its 200-day moving average price is $106.00.

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.