Wealthspire Advisors LLC reduced its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 2.7% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 384,394 shares of the company’s stock after selling 10,604 shares during the quarter. Wealthspire Advisors LLC owned approximately 0.08% of iShares Russell Mid-Cap ETF worth $35,353,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MainStreet Investment Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the second quarter worth $210,000. Invenio Wealth Partners LLC raised its holdings in iShares Russell Mid-Cap ETF by 55.6% in the 2nd quarter. Invenio Wealth Partners LLC now owns 7,529 shares of the company’s stock worth $692,000 after acquiring an additional 2,691 shares during the period. Nordwand Advisors LLC bought a new position in iShares Russell Mid-Cap ETF in the 2nd quarter worth $785,000. Dorsey & Whitney Trust CO LLC lifted its position in iShares Russell Mid-Cap ETF by 19.3% during the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 61,471 shares of the company’s stock worth $5,653,000 after acquiring an additional 9,945 shares during the last quarter. Finally, Western Wealth Management LLC lifted its position in iShares Russell Mid-Cap ETF by 8.3% during the 2nd quarter. Western Wealth Management LLC now owns 8,425 shares of the company’s stock worth $775,000 after acquiring an additional 646 shares during the last quarter. Institutional investors and hedge funds own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Price Performance
IWR stock opened at $93.08 on Tuesday. The stock has a market capitalization of $43.66 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. The company has a 50-day moving average of $96.05 and a two-hundred day moving average of $93.40. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $97.87.
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.
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