Provident Wealth Management LLC Makes New Investment in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Provident Wealth Management LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 460 shares of the company’s stock, valued at approximately $41,000.

A number of other institutional investors have also made changes to their positions in the stock. Patriot Financial Group Insurance Agency LLC grew its holdings in iShares Russell Mid-Cap ETF by 8.6% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 4,595 shares of the company’s stock valued at $405,000 after purchasing an additional 362 shares during the last quarter. Wells Trecaso Financial Group LLC grew its stake in iShares Russell Mid-Cap ETF by 9.0% in the 3rd quarter. Wells Trecaso Financial Group LLC now owns 15,544 shares of the company’s stock valued at $1,370,000 after buying an additional 1,289 shares during the last quarter. Farmers & Merchants Investments Inc. lifted its position in iShares Russell Mid-Cap ETF by 18.8% during the 3rd quarter. Farmers & Merchants Investments Inc. now owns 42,232 shares of the company’s stock worth $3,722,000 after acquiring an additional 6,692 shares during the last quarter. Valmark Advisers Inc. lifted its position in iShares Russell Mid-Cap ETF by 3.7% during the 3rd quarter. Valmark Advisers Inc. now owns 27,542 shares of the company’s stock worth $2,428,000 after acquiring an additional 982 shares during the last quarter. Finally, Fidelis Capital Partners LLC grew its position in shares of iShares Russell Mid-Cap ETF by 20.8% in the third quarter. Fidelis Capital Partners LLC now owns 148,847 shares of the company’s stock valued at $13,166,000 after purchasing an additional 25,643 shares during the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA IWR opened at $89.41 on Wednesday. The stock has a market capitalization of $38.92 billion, a PE ratio of 21.79 and a beta of 1.12. The stock has a 50-day simple moving average of $90.68 and a 200 day simple moving average of $89.59. iShares Russell Mid-Cap ETF has a twelve month low of $78.36 and a twelve month high of $96.00.

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.