DAVENPORT & Co LLC Acquires 5,246 Shares of iShares Russell Mid-Cap ETF $IWR

DAVENPORT & Co LLC increased its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 23.1% during the second quarter, HoldingsChannel reports. The firm owned 27,991 shares of the company’s stock after buying an additional 5,246 shares during the period. DAVENPORT & Co LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Riggs Asset Managment Co. Inc. bought a new position in iShares Russell Mid-Cap ETF during the 1st quarter valued at about $28,000. N.E.W. Advisory Services LLC bought a new position in iShares Russell Mid-Cap ETF during the first quarter valued at approximately $30,000. Rossby Financial LCC bought a new position in iShares Russell Mid-Cap ETF during the first quarter valued at approximately $31,000. Physician Wealth Advisors Inc. bought a new position in iShares Russell Mid-Cap ETF during the first quarter valued at approximately $36,000. Finally, Atticus Wealth Management LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 123.1% during the 2nd quarter. Atticus Wealth Management LLC now owns 415 shares of the company’s stock valued at $38,000 after buying an additional 229 shares during the period. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA IWR opened at $97.25 on Thursday. The business’s fifty day moving average price is $95.50 and its 200-day moving average price is $90.51. The stock has a market capitalization of $45.27 billion, a price-to-earnings ratio of 21.00 and a beta of 1.09. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $97.80.

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.