Western Wealth Management LLC Acquires 646 Shares of iShares Russell Mid-Cap ETF $IWR

Western Wealth Management LLC raised its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 8.3% in the second quarter, Holdings Channel.com reports. The firm owned 8,425 shares of the company’s stock after buying an additional 646 shares during the period. Western Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $775,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Advantage Trust Co purchased a new position in shares of iShares Russell Mid-Cap ETF during the second quarter valued at approximately $28,000. N.E.W. Advisory Services LLC purchased a new stake in iShares Russell Mid-Cap ETF in the 1st quarter valued at $30,000. Atticus Wealth Management LLC lifted its stake in iShares Russell Mid-Cap ETF by 123.1% during the 2nd quarter. Atticus Wealth Management LLC now owns 415 shares of the company’s stock valued at $38,000 after acquiring an additional 229 shares in the last quarter. Legacy Investment Solutions LLC bought a new position in iShares Russell Mid-Cap ETF during the 2nd quarter valued at $38,000. Finally, Crews Bank & Trust boosted its holdings in iShares Russell Mid-Cap ETF by 54.5% during the 2nd quarter. Crews Bank & Trust now owns 425 shares of the company’s stock worth $39,000 after acquiring an additional 150 shares during the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA IWR opened at $93.08 on Tuesday. The company has a fifty day moving average price of $96.05 and a 200-day moving average price of $93.40. The firm has a market cap of $43.66 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 1 year low of $73.17 and a 1 year high of $97.87.

iShares Russell Mid-Cap ETF 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.