Innovative Wealth Building LLC Has $582,000 Stock Position in iShares Russell Mid-Cap ETF $IWR

Innovative Wealth Building LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 15.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,325 shares of the company’s stock after buying an additional 835 shares during the period. Innovative Wealth Building LLC’s holdings in iShares Russell Mid-Cap ETF were worth $582,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of IWR. Brighton Jones LLC raised its position in iShares Russell Mid-Cap ETF by 4.2% during the fourth quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock valued at $9,240,000 after buying an additional 4,189 shares during the period. Revolve Wealth Partners LLC acquired a new position in iShares Russell Mid-Cap ETF during the fourth quarter valued at $323,000. Millennium Management LLC acquired a new position in iShares Russell Mid-Cap ETF during the fourth quarter valued at $415,000. Rhumbline Advisers raised its position in iShares Russell Mid-Cap ETF by 39.8% during the first quarter. Rhumbline Advisers now owns 16,418 shares of the company’s stock valued at $1,397,000 after buying an additional 4,677 shares during the period. Finally, GGM Financials LLC raised its position in iShares Russell Mid-Cap ETF by 5,344.5% during the first quarter. GGM Financials LLC now owns 123,426 shares of the company’s stock valued at $10,500,000 after buying an additional 121,159 shares during the period. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $97.23 on Friday. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week high of $97.80. The stock’s 50-day moving average is $95.35 and its two-hundred day moving average is $90.31. The firm has a market cap of $45.27 billion, a P/E 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.