Excelsior Advisor Network LLC Has $1.08 Million Holdings in iShares Russell Mid-Cap ETF $IWR

Excelsior Advisor Network LLC increased its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 96.3% during the 1st quarter, HoldingsChannel.com reports. The firm owned 11,159 shares of the company’s stock after purchasing an additional 5,473 shares during the period. Excelsior Advisor Network LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,085,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of IWR. NFSG Corp boosted its holdings in iShares Russell Mid-Cap ETF by 93.1% in the first quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $27,000 after acquiring an additional 135 shares during the last quarter. HFM Investment Advisors LLC bought a new position in iShares Russell Mid-Cap ETF during the 4th quarter worth approximately $28,000. Frazier Financial Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the 1st quarter worth approximately $31,000. Reflection Asset Management bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at $33,000. Finally, Scarborough Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF during the first quarter worth $38,000. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Up 0.6%

IWR opened at $109.98 on Tuesday. The stock has a market cap of $56.21 billion, a PE ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a twelve month low of $91.36 and a twelve month high of $111.43. The company has a fifty day moving average of $108.38 and a 200-day moving average of $103.59.

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.