12,634 iShares Russell Mid-Cap ETF $IWR Shares Purchased by Parallel Advisors LLC

Parallel Advisors LLC raised its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 65.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 31,989 shares of the company’s stock after acquiring an additional 12,634 shares during the period. Parallel Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,414,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in IWR. Livelsberger Financial Advisory purchased a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth $25,000. NFSG Corp lifted its position in shares of iShares Russell Mid-Cap ETF by 93.1% during the first quarter. NFSG Corp now owns 280 shares of the company’s stock worth $27,000 after purchasing an additional 135 shares during the last quarter. Next Level Wealth Planning LLC bought a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at about $30,000. Frazier Financial Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the first quarter valued at approximately $31,000. Finally, Scarborough Advisors LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 1st quarter worth $38,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $107.80 on Monday. The firm’s 50-day moving average is $109.42 and its two-hundred day moving average is $106.23. iShares Russell Mid-Cap ETF has a 1 year low of $91.64 and a 1 year high of $114.97. The stock has a market cap of $56.83 billion, a price-to-earnings ratio of 20.27 and a beta of 1.00.

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. 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.