Waverly Advisors LLC Boosts Stock Holdings in iShares Russell Mid-Cap ETF $IWR

Waverly Advisors LLC raised its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 8.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,187,415 shares of the company’s stock after purchasing an additional 88,462 shares during the period. iShares Russell Mid-Cap ETF comprises 0.8% of Waverly Advisors LLC’s holdings, making the stock its 22nd largest position. Waverly Advisors LLC owned about 0.23% of iShares Russell Mid-Cap ETF worth $130,996,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Roxbury Financial LLC grew its position in shares of iShares Russell Mid-Cap ETF by 12.3% in the second quarter. Roxbury Financial LLC now owns 893 shares of the company’s stock valued at $99,000 after purchasing an additional 98 shares during the period. Asset Management Group Inc. boosted its holdings in iShares Russell Mid-Cap ETF by 0.3% in the 1st quarter. Asset Management Group Inc. now owns 39,600 shares of the company’s stock worth $3,850,000 after buying an additional 102 shares during the last quarter. Axis Wealth Partners LLC increased its stake in iShares Russell Mid-Cap ETF by 1.7% during the 1st quarter. Axis Wealth Partners LLC now owns 6,282 shares of the company’s stock worth $611,000 after buying an additional 108 shares in the last quarter. Farmers National Bank raised its holdings in shares of iShares Russell Mid-Cap ETF by 0.6% during the first quarter. Farmers National Bank now owns 20,278 shares of the company’s stock valued at $1,972,000 after acquiring an additional 118 shares during the last quarter. Finally, Walled Lake Planning & Wealth Management LLC lifted its position in shares of iShares Russell Mid-Cap ETF by 1.6% in the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 7,751 shares of the company’s stock valued at $746,000 after acquiring an additional 119 shares in the last quarter. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR traded down $0.88 during trading hours on Tuesday, hitting $110.95. 995,140 shares of the stock were exchanged, compared to its average volume of 2,325,491. The stock’s 50-day moving average price is $111.34 and its two-hundred day moving average price is $106.16. iShares Russell Mid-Cap ETF has a 12-month low of $91.64 and a 12-month high of $114.97. The company has a market cap of $56.27 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00.

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.