Confluence Wealth Services Inc. Makes New $210,000 Investment in iShares Russell Mid-Cap ETF $IWR

Confluence Wealth Services Inc. purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the second quarter, HoldingsChannel.com reports. The fund purchased 2,280 shares of the company’s stock, valued at approximately $210,000.

A number of other large investors have also recently made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in iShares Russell Mid-Cap ETF by 4.2% in the fourth quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock worth $9,240,000 after purchasing an additional 4,189 shares during the last quarter. Revolve Wealth Partners LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at $323,000. Millennium Management LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at $415,000. Rhumbline Advisers boosted its stake in shares of iShares Russell Mid-Cap ETF by 39.8% in the 1st quarter. Rhumbline Advisers now owns 16,418 shares of the company’s stock worth $1,397,000 after buying an additional 4,677 shares during the last quarter. Finally, Capital Investment Advisors LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 15.5% in the first quarter. Capital Investment Advisors LLC now owns 12,244 shares of the company’s stock worth $1,042,000 after acquiring an additional 1,642 shares during the period. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

iShares Russell Mid-Cap ETF stock opened at $97.30 on Tuesday. iShares Russell Mid-Cap ETF has a one year low of $73.17 and a one year high of $97.80. The stock has a fifty day moving average of $95.40 and a 200 day moving average of $90.42. The stock has a market cap of $45.29 billion, a PE ratio of 21.00 and a beta of 1.09.

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.