Matrix Private Capital Group LLC Takes $1.79 Million Position in iShares Russell Mid-Cap ETF $IWR

Matrix Private Capital Group LLC acquired a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 18,426 shares of the company’s stock, valued at approximately $1,792,000. iShares Russell Mid-Cap ETF comprises about 0.9% of Matrix Private Capital Group LLC’s investment portfolio, making the stock its 27th biggest position.

A number of other institutional investors also recently bought and sold shares of the stock. Waverly Advisors LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 17.7% in the first quarter. Waverly Advisors LLC now owns 1,098,953 shares of the company’s stock worth $106,851,000 after buying an additional 165,524 shares during the last quarter. Asset Management Group Inc. grew its holdings in shares of iShares Russell Mid-Cap ETF by 0.3% during the first quarter. Asset Management Group Inc. now owns 39,600 shares of the company’s stock valued at $3,850,000 after buying an additional 102 shares during the last quarter. Dickmeyer Boyce Financial Management Inc. purchased a new stake in shares of iShares Russell Mid-Cap ETF during the first quarter valued at $6,520,000. Lido Advisors LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 3.6% during the first quarter. Lido Advisors LLC now owns 917,285 shares of the company’s stock valued at $89,188,000 after buying an additional 31,934 shares during the last quarter. Finally, NewEdge Wealth LLC increased its position in shares of iShares Russell Mid-Cap ETF by 7.4% in the 1st quarter. NewEdge Wealth LLC now owns 89,374 shares of the company’s stock valued at $8,690,000 after acquiring an additional 6,153 shares during the period. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock opened at $109.36 on Friday. The firm has a market capitalization of $55.77 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. The business has a fifty day moving average of $108.25 and a 200 day moving average of $103.49. iShares Russell Mid-Cap ETF has a 1 year low of $91.36 and a 1 year high of $111.43.

iShares Russell Mid-Cap ETF Company 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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.