Traveka Wealth LLC Invests $532,000 in iShares Russell Mid-Cap ETF $IWR

Traveka Wealth LLC purchased a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 5,515 shares of the company’s stock, valued at approximately $532,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWR. Jones Financial Companies Lllp boosted its position in shares of iShares Russell Mid-Cap ETF by 6.9% during the first quarter. Jones Financial Companies Lllp now owns 66,497,354 shares of the company’s stock valued at $5,628,396,000 after buying an additional 4,290,076 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of iShares Russell Mid-Cap ETF by 23.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 9,899,322 shares of the company’s stock worth $910,441,000 after acquiring an additional 1,880,984 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of iShares Russell Mid-Cap ETF by 186.3% during the 2nd quarter. BNP Paribas Financial Markets now owns 764,638 shares of the company’s stock worth $70,324,000 after acquiring an additional 497,601 shares during the last quarter. Creative Planning boosted its holdings in iShares Russell Mid-Cap ETF by 35.9% during the 2nd quarter. Creative Planning now owns 930,420 shares of the company’s stock valued at $85,571,000 after acquiring an additional 245,879 shares during the period. Finally, Laurel Wealth Advisors LLC grew its position in iShares Russell Mid-Cap ETF by 9,097.0% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 192,586 shares of the company’s stock valued at $17,712,000 after acquiring an additional 190,492 shares during the last quarter. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Trading Up 0.0%

NYSEARCA:IWR opened at $97.84 on Monday. iShares Russell Mid-Cap ETF has a twelve month low of $73.17 and a twelve month high of $99.12. The company has a market cap of $45.89 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. The stock has a fifty day simple moving average of $96.13 and a 200-day simple moving average of $94.98.

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.