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

Lido Advisors LLC raised its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 561.9% during the fourth quarter, HoldingsChannel reports. The fund owned 906,836 shares of the company’s stock after acquiring an additional 769,840 shares during the quarter. Lido Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $80,164,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in IWR. Morse Asset Management Inc bought a new position in iShares Russell Mid-Cap ETF during the 3rd quarter valued at $77,000. Anchor Investment Management LLC boosted its stake in iShares Russell Mid-Cap ETF by 20.4% during the 3rd quarter. Anchor Investment Management LLC now owns 1,168 shares of the company’s stock valued at $103,000 after acquiring an additional 198 shares during the last quarter. World Investment Advisors LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 11.6% during the third quarter. World Investment Advisors LLC now owns 10,989 shares of the company’s stock worth $969,000 after purchasing an additional 1,143 shares during the period. Synovus Financial Corp raised its holdings in shares of iShares Russell Mid-Cap ETF by 0.5% during the third quarter. Synovus Financial Corp now owns 1,041,917 shares of the company’s stock worth $91,835,000 after purchasing an additional 5,247 shares during the period. Finally, 1ST Source Bank raised its holdings in shares of iShares Russell Mid-Cap ETF by 4.2% during the third quarter. 1ST Source Bank now owns 17,455 shares of the company’s stock worth $1,538,000 after purchasing an additional 701 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR opened at $83.37 on Monday. The stock has a market capitalization of $38.05 billion, a price-to-earnings ratio of 19.09 and a beta of 1.07. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $96.01. The company’s fifty day moving average is $84.20 and its two-hundred day moving average is $88.76.

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.