Verdence Capital Advisors LLC Has $14.66 Million Stake in iShares Russell Mid-Cap ETF $IWR

Verdence Capital Advisors LLC boosted its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 24.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 150,204 shares of the company’s stock after buying an additional 29,068 shares during the period. iShares Russell Mid-Cap ETF makes up about 0.9% of Verdence Capital Advisors LLC’s investment portfolio, making the stock its 25th biggest position. Verdence Capital Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $14,661,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. D.A. Davidson & CO. raised its holdings in shares of iShares Russell Mid-Cap ETF by 2.0% during the third quarter. D.A. Davidson & CO. now owns 318,885 shares of the company’s stock worth $30,788,000 after acquiring an additional 6,307 shares during the period. First Horizon Corp acquired a new position in iShares Russell Mid-Cap ETF in the 3rd quarter worth $10,431,000. Ashton Thomas Securities LLC bought a new position in iShares Russell Mid-Cap ETF during the 3rd quarter worth about $810,000. Assetmark Inc. raised its stake in shares of iShares Russell Mid-Cap ETF by 65.4% in the 2nd quarter. Assetmark Inc. now owns 5,190 shares of the company’s stock valued at $477,000 after purchasing an additional 2,053 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 156.2% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 15,134 shares of the company’s stock valued at $1,461,000 after purchasing an additional 9,228 shares during the period. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

IWR stock opened at $100.80 on Monday. The stock has a market capitalization of $48.24 billion, a P/E ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a fifty-two week low of $73.17 and a fifty-two week high of $101.47. The business has a 50-day moving average of $97.02 and a 200-day moving average of $95.85.

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.