River Wealth Advisors LLC Acquires 8,619 Shares of iShares Russell Mid-Cap ETF $IWR

River Wealth Advisors LLC lifted its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 411,559 shares of the company’s stock after purchasing an additional 8,619 shares during the quarter. iShares Russell Mid-Cap ETF comprises about 4.6% of River Wealth Advisors LLC’s portfolio, making the stock its 4th biggest position. River Wealth Advisors LLC owned approximately 0.09% of iShares Russell Mid-Cap ETF worth $39,736,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in IWR. HHM Wealth Advisors LLC purchased a new stake in iShares Russell Mid-Cap ETF in the second quarter valued at about $29,000. Traub Capital Management LLC acquired a new stake in iShares Russell Mid-Cap ETF in the 2nd quarter worth approximately $37,000. Legacy Investment Solutions LLC acquired a new stake in iShares Russell Mid-Cap ETF in the 2nd quarter worth approximately $38,000. Smartleaf Asset Management LLC grew its position in iShares Russell Mid-Cap ETF by 192.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock worth $39,000 after purchasing an additional 263 shares during the last quarter. Finally, Financial Gravity Companies Inc. acquired a new position in iShares Russell Mid-Cap ETF during the 2nd quarter valued at approximately $47,000. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Trading Down 0.4%

NYSEARCA:IWR opened at $102.99 on Friday. The company has a market capitalization of $49.25 billion, a P/E 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 $103.47. The firm has a fifty day simple moving average of $100.17 and a 200-day simple moving average of $97.41.

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.