Strive Asset Management LLC Buys New Shares in iShares Russell Mid-Cap ETF $IWR

Strive Asset Management LLC purchased a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,214 shares of the company’s stock, valued at approximately $2,434,000.

A number of other large investors also recently bought and sold shares of IWR. HHM Wealth Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 2nd quarter valued at $29,000. Traub Capital Management LLC acquired a new position in iShares Russell Mid-Cap ETF in the second quarter valued at $37,000. Smartleaf Asset Management LLC boosted its holdings in iShares Russell Mid-Cap ETF by 192.0% in the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after acquiring an additional 263 shares during the last quarter. Legacy Investment Solutions LLC purchased a new stake in iShares Russell Mid-Cap ETF during the second quarter valued at about $38,000. Finally, Cary Street Partners Investment Advisory LLC acquired a new stake in iShares Russell Mid-Cap ETF during the third quarter worth about $47,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

iShares Russell Mid-Cap ETF stock opened at $103.19 on Tuesday. The company has a market cap of $49.35 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $103.53. The stock’s 50-day moving average is $100.27 and its 200-day moving average is $97.49.

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.