iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Get Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $113.41 and last traded at $113.31, with a volume of 59352 shares changing hands. The stock had previously closed at $113.08.
iShares Russell Mid-Cap ETF Trading Up 0.5%
The firm has a fifty day simple moving average of $109.46 and a two-hundred day simple moving average of $104.39. The firm has a market cap of $57.62 billion, a PE ratio of 21.00 and a beta of 1.00.
Hedge Funds Weigh In On iShares Russell Mid-Cap ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in IWR. S&CO Inc. purchased a new position in iShares Russell Mid-Cap ETF during the 2nd quarter valued at $920,000. Whitener Capital Management Inc. raised its holdings in iShares Russell Mid-Cap ETF by 120.5% in the 2nd quarter. Whitener Capital Management Inc. now owns 9,199 shares of the company’s stock worth $1,015,000 after purchasing an additional 5,027 shares in the last quarter. Heck Capital Advisors LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 1.6% in the 2nd quarter. Heck Capital Advisors LLC now owns 127,185 shares of the company’s stock worth $14,031,000 after purchasing an additional 1,955 shares during the period. Taylor & Morgan Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 6.7% in the 2nd quarter. Taylor & Morgan Wealth Management LLC now owns 136,353 shares of the company’s stock worth $15,042,000 after purchasing an additional 8,615 shares during the period. Finally, Fiduciary Financial Group LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the 2nd quarter valued at about $447,000. Institutional investors own 80.16% of the company’s stock.
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.
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