Concurrent Investment Advisors LLC Boosts Holdings in iShares Russell Mid-Cap ETF $IWR

Concurrent Investment Advisors LLC raised its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 29.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 299,390 shares of the company’s stock after purchasing an additional 68,822 shares during the period. Concurrent Investment Advisors LLC owned 0.06% of iShares Russell Mid-Cap ETF worth $33,029,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in IWR. NFSG Corp raised its position in shares of iShares Russell Mid-Cap ETF by 93.1% in the first quarter. NFSG Corp now owns 280 shares of the company’s stock worth $27,000 after buying an additional 135 shares in the last quarter. HFM Investment Advisors LLC purchased a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth about $28,000. Frazier Financial Advisors LLC purchased a new position in iShares Russell Mid-Cap ETF during the first quarter worth about $31,000. Reflection Asset Management bought a new position in iShares Russell Mid-Cap ETF in the 4th quarter worth about $33,000. Finally, Scarborough Advisors LLC bought a new position in iShares Russell Mid-Cap ETF in the 1st quarter worth about $38,000. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Up 1.0%

NYSEARCA:IWR opened at $112.14 on Friday. The business’s 50-day moving average price is $111.25 and its two-hundred day moving average price is $105.95. iShares Russell Mid-Cap ETF has a twelve month low of $91.64 and a twelve month high of $114.97. The stock has a market cap of $56.88 billion, a P/E ratio of 21.00 and a beta of 1.00.

About iShares Russell Mid-Cap ETF

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.