NewEdge Wealth LLC Increases Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

NewEdge Wealth LLC raised its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWRFree Report) by 21.4% in the 3rd quarter, Holdings Channel reports. The firm owned 55,808 shares of the company’s stock after acquiring an additional 9,844 shares during the period. NewEdge Wealth LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,865,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in IWR. Northwest Capital Management Inc bought a new stake in iShares Russell Mid-Cap ETF in the second quarter worth $25,000. First Command Advisory Services Inc. bought a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth about $25,000. Credit Suisse AG purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at about $26,000. Pacific Center for Financial Services bought a new position in shares of iShares Russell Mid-Cap ETF in the 1st quarter valued at about $31,000. Finally, True Wealth Design LLC purchased a new position in iShares Russell Mid-Cap ETF in the fourth quarter worth about $32,000.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $77.70 on Monday. The company has a market cap of $30.66 billion, a PE ratio of 15.16 and a beta of 1.09. The stock’s 50 day simple moving average is $76.09 and its two-hundred day simple moving average is $72.71. iShares Russell Mid-Cap ETF has a 1 year low of $64.66 and a 1 year high of $78.37.

iShares Russell Mid-Cap ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding IWR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Russell Mid-Cap ETF (NYSEARCA:IWRFree Report).

Institutional Ownership by Quarter for iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Receive News & Ratings for iShares Russell Mid-Cap ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for iShares Russell Mid-Cap ETF and related companies with MarketBeat.com's FREE daily email newsletter.