Independent Advisor Alliance Buys Shares of 8,307 iShares Russell Mid-Cap ETF $IWR

Independent Advisor Alliance purchased a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 8,307 shares of the company’s stock, valued at approximately $802,000.

Other institutional investors and hedge funds have also modified their holdings of the company. First Horizon Corp acquired a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at $10,431,000. D.A. Davidson & CO. lifted its position in shares of iShares Russell Mid-Cap ETF by 2.0% in the third quarter. D.A. Davidson & CO. now owns 318,885 shares of the company’s stock valued at $30,788,000 after acquiring an additional 6,307 shares in the last quarter. Ashton Thomas Securities LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the third quarter valued at $810,000. Assetmark Inc. boosted its stake in shares of iShares Russell Mid-Cap ETF by 65.4% during the second quarter. Assetmark Inc. now owns 5,190 shares of the company’s stock valued at $477,000 after acquiring an additional 2,053 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in shares of iShares Russell Mid-Cap ETF by 156.2% during the third quarter. Allspring Global Investments Holdings LLC now owns 15,134 shares of the company’s stock valued at $1,461,000 after acquiring an additional 9,228 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.5%

Shares of IWR stock opened at $100.25 on Thursday. The firm has a 50-day moving average price of $98.48 and a 200 day moving average price of $96.45. iShares Russell Mid-Cap ETF has a twelve month low of $73.17 and a twelve month high of $101.73. The company has a market capitalization of $47.94 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06.

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.