Verdence Capital Advisors LLC Purchases 7,757 Shares of iShares Russell Mid-Cap ETF $IWR

Verdence Capital Advisors LLC increased its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 173,816 shares of the company’s stock after purchasing an additional 7,757 shares during the period. Verdence Capital Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $18,548,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in IWR. Steph & Co. bought a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at about $11,870,000. Whitener Capital Management Inc. raised its position in shares of iShares Russell Mid-Cap ETF by 120.5% in the 2nd quarter. Whitener Capital Management Inc. now owns 9,199 shares of the company’s stock valued at $1,015,000 after buying an additional 5,027 shares in the last quarter. Montgomery Financial Services LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the 2nd quarter valued at approximately $1,670,000. Waverly Advisors LLC raised its position in shares of iShares Russell Mid-Cap ETF by 8.0% in the 2nd quarter. Waverly Advisors LLC now owns 1,187,415 shares of the company’s stock valued at $130,996,000 after buying an additional 88,462 shares in the last quarter. Finally, Northwest Wealth Advisors LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 13.2% during the 1st quarter. Northwest Wealth Advisors LLC now owns 38,872 shares of the company’s stock worth $3,780,000 after acquiring an additional 4,545 shares during the period. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Trading Up 0.5%

Shares of iShares Russell Mid-Cap ETF stock opened at $110.03 on Tuesday. The company has a market cap of $57.20 billion, a PE ratio of 21.00 and a beta of 1.00. The company has a 50 day moving average of $110.10 and a 200-day moving average of $105.73. iShares Russell Mid-Cap ETF has a 1-year low of $91.64 and a 1-year high of $114.97.

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.