Geneos Wealth Management Inc. Decreases Stake in iShares Russell Mid-Cap ETF $IWR

Geneos Wealth Management Inc. lessened its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 16.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 32,259 shares of the company’s stock after selling 6,427 shares during the quarter. Geneos Wealth Management Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $3,115,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of IWR. U.S. Capital Wealth Advisors LLC lifted its holdings in iShares Russell Mid-Cap ETF by 0.5% during the second quarter. U.S. Capital Wealth Advisors LLC now owns 21,254 shares of the company’s stock worth $1,955,000 after acquiring an additional 109 shares during the period. Register Financial Advisors LLC increased its position in shares of iShares Russell Mid-Cap ETF by 2.0% during the 2nd quarter. Register Financial Advisors LLC now owns 5,444 shares of the company’s stock valued at $501,000 after purchasing an additional 109 shares during the last quarter. Welch & Forbes LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 0.5% during the 2nd quarter. Welch & Forbes LLC now owns 22,727 shares of the company’s stock worth $2,090,000 after purchasing an additional 110 shares during the period. Meridian Wealth Management LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 0.5% in the 2nd quarter. Meridian Wealth Management LLC now owns 20,962 shares of the company’s stock worth $1,928,000 after buying an additional 112 shares during the last quarter. Finally, Heritage Financial Services LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 3.8% in the 2nd quarter. Heritage Financial Services LLC now owns 3,129 shares of the company’s stock worth $288,000 after buying an additional 114 shares during the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA IWR opened at $98.83 on Thursday. The company has a market capitalization of $47.62 billion, a PE ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $99.93. The company has a 50-day simple moving average of $96.30 and a 200 day simple moving average of $95.40.

iShares Russell Mid-Cap ETF 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.