SVB Wealth LLC Grows Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

SVB Wealth LLC raised its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 14.8% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,539 shares of the company’s stock after purchasing an additional 1,619 shares during the period. SVB Wealth LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,054,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LifeSteps Financial Inc. purchased a new position in shares of iShares Russell Mid-Cap ETF during the 1st quarter worth about $25,000. Aspire Private Capital LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth about $27,000. Future Financial Wealth Managment LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the 1st quarter worth about $29,000. Criterion Capital Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth about $32,000. Finally, Financial Synergies Wealth Advisors Inc. lifted its holdings in shares of iShares Russell Mid-Cap ETF by 120.9% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 380 shares of the company’s stock worth $32,000 after acquiring an additional 208 shares during the period.

iShares Russell Mid-Cap ETF Stock Performance

IWR traded up $0.13 on Monday, reaching $84.29. 960,743 shares of the company’s stock were exchanged, compared to its average volume of 1,269,277. iShares Russell Mid-Cap ETF has a twelve month low of $64.66 and a twelve month high of $85.44. The company’s 50 day moving average is $81.92 and its 200-day moving average is $80.85. The company has a market cap of $34.82 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02.

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.