iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Sets New 52-Week High – Here’s What Happened

Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) reached a new 52-week high on Thursday . The company traded as high as $101.73 and last traded at $101.3020, with a volume of 493854 shares traded. The stock had previously closed at $100.86.

iShares Russell Mid-Cap ETF Trading Up 0.4%

The firm has a market capitalization of $48.42 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. The stock’s fifty day moving average price is $97.26 and its two-hundred day moving average price is $95.97.

Institutional Trading of iShares Russell Mid-Cap ETF

A number of institutional investors have recently bought and sold shares of IWR. Personal CFO Solutions LLC raised its position in shares of iShares Russell Mid-Cap ETF by 31.7% during the 4th quarter. Personal CFO Solutions LLC now owns 2,920 shares of the company’s stock worth $281,000 after acquiring an additional 703 shares in the last quarter. FMB Wealth Management boosted its holdings in shares of iShares Russell Mid-Cap ETF by 2.4% in the 4th quarter. FMB Wealth Management now owns 18,651 shares of the company’s stock valued at $1,796,000 after buying an additional 429 shares in the last quarter. Capital Investment Advisory Services LLC grew its position in shares of iShares Russell Mid-Cap ETF by 16.1% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,706 shares of the company’s stock valued at $164,000 after buying an additional 236 shares during the last quarter. Paladin Advisory Group LLC raised its stake in iShares Russell Mid-Cap ETF by 1,305.6% during the 4th quarter. Paladin Advisory Group LLC now owns 4,737 shares of the company’s stock worth $456,000 after acquiring an additional 4,400 shares in the last quarter. Finally, Naviter Wealth LLC purchased a new stake in iShares Russell Mid-Cap ETF in the fourth quarter valued at $242,000. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Company 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.