Northwest Wealth Advisors LLC raised its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 13.2% in the first quarter, according to its most recent filing with the SEC. The firm owned 38,872 shares of the company’s stock after purchasing an additional 4,545 shares during the quarter. iShares Russell Mid-Cap ETF makes up approximately 2.7% of Northwest Wealth Advisors LLC’s investment portfolio, making the stock its 14th largest holding. Northwest Wealth Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,780,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Tompkins Financial Corp boosted its holdings in iShares Russell Mid-Cap ETF by 465.7% during the 4th quarter. Tompkins Financial Corp now owns 116,276 shares of the company’s stock worth $11,194,000 after acquiring an additional 95,723 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 163.8% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 39,916 shares of the company’s stock valued at $3,885,000 after purchasing an additional 24,782 shares during the last quarter. Argentarii LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at about $1,397,000. NorthRock Partners LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 1,296.2% during the third quarter. NorthRock Partners LLC now owns 533,490 shares of the company’s stock valued at $51,508,000 after purchasing an additional 495,279 shares in the last quarter. Finally, Shelton Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 27.2% during the fourth quarter. Shelton Wealth Management LLC now owns 78,830 shares of the company’s stock valued at $7,589,000 after purchasing an additional 16,864 shares in the last quarter. Institutional investors own 80.16% of the company’s stock.
iShares Russell Mid-Cap ETF Stock Down 0.4%
iShares Russell Mid-Cap ETF stock traded down $0.45 during midday trading on Tuesday, hitting $110.16. 596,437 shares of the stock were exchanged, compared to its average volume of 2,521,959. iShares Russell Mid-Cap ETF has a 52-week low of $91.36 and a 52-week high of $111.43. The stock has a market capitalization of $56.89 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. The business’s 50-day moving average price is $106.71 and its 200-day moving average price is $102.22.
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.
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