River Wealth Advisors LLC Acquires 8,619 Shares of iShares Russell Mid-Cap ETF $IWR

River Wealth Advisors LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.1% in the third quarter, HoldingsChannel reports. The firm owned 411,559 shares of the company’s stock after buying an additional 8,619 shares during the period. iShares Russell Mid-Cap ETF accounts for about 4.6% of River Wealth Advisors LLC’s holdings, making the stock its 4th biggest holding. River Wealth Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $39,736,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. HHM Wealth Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the 2nd quarter valued at about $29,000. Traub Capital Management LLC acquired a new stake in iShares Russell Mid-Cap ETF during the second quarter worth about $37,000. Legacy Investment Solutions LLC acquired a new stake in iShares Russell Mid-Cap ETF during the second quarter worth about $38,000. Smartleaf Asset Management LLC raised its position in iShares Russell Mid-Cap ETF by 192.0% during the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after acquiring an additional 263 shares in the last quarter. Finally, Financial Gravity Companies Inc. acquired a new position in iShares Russell Mid-Cap ETF in the second quarter valued at approximately $47,000. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Trading Down 0.4%

iShares Russell Mid-Cap ETF stock opened at $102.99 on Friday. The firm has a market cap of $49.25 billion, a PE ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $103.47. The stock’s 50 day simple moving average is $100.17 and its two-hundred day simple moving average is $97.41.

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.