GC Wealth Management RIA LLC Invests $1.46 Million in iShares Russell Mid-Cap ETF $IWR

GC Wealth Management RIA LLC bought a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 15,163 shares of the company’s stock, valued at approximately $1,460,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its stake in iShares Russell Mid-Cap ETF by 8.1% during the 3rd quarter. Jones Financial Companies Lllp now owns 75,344,008 shares of the company’s stock valued at $7,245,741,000 after purchasing an additional 5,633,614 shares during the last quarter. Bank of New York Mellon Corp raised its stake in shares of iShares Russell Mid-Cap ETF by 1.2% in the third quarter. Bank of New York Mellon Corp now owns 10,022,446 shares of the company’s stock worth $967,667,000 after purchasing an additional 123,124 shares during the last quarter. Northern Trust Corp raised its stake in shares of iShares Russell Mid-Cap ETF by 1.4% in the third quarter. Northern Trust Corp now owns 9,804,635 shares of the company’s stock worth $946,638,000 after purchasing an additional 134,966 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of iShares Russell Mid-Cap ETF by 0.7% during the third quarter. JPMorgan Chase & Co. now owns 6,623,770 shares of the company’s stock worth $639,525,000 after purchasing an additional 47,842 shares during the period. Finally, Truist Financial Corp lifted its holdings in shares of iShares Russell Mid-Cap ETF by 6.1% during the third quarter. Truist Financial Corp now owns 4,194,401 shares of the company’s stock worth $404,969,000 after purchasing an additional 239,492 shares during the period. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Down 0.4%

Shares of NYSEARCA:IWR opened at $102.47 on Thursday. iShares Russell Mid-Cap ETF has a twelve month low of $82.16 and a twelve month high of $105.41. The company’s 50 day moving average is $100.38 and its 200 day moving average is $98.64. The company has a market cap of $51.45 billion, a PE ratio of 21.00 and a beta of 1.03.

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.