MAI Capital Management Raises Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

MAI Capital Management raised its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 6.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 358,564 shares of the company’s stock after buying an additional 22,634 shares during the period. MAI Capital Management’s holdings in iShares Russell Mid-Cap ETF were worth $31,604,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Paladin Advisory Group LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 2nd quarter valued at about $27,000. Future Financial Wealth Managment LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the third quarter worth $30,000. Sage Mountain Advisors LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 50.9% during the second quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock valued at $33,000 after acquiring an additional 136 shares during the last quarter. Highline Wealth Partners LLC purchased a new stake in iShares Russell Mid-Cap ETF in the third quarter worth $41,000. Finally, Beaird Harris Wealth Management LLC purchased a new position in iShares Russell Mid-Cap ETF during the 1st quarter valued at $40,000.

iShares Russell Mid-Cap ETF Trading Down 0.7 %

Shares of NYSEARCA IWR opened at $91.14 on Monday. The firm has a fifty day simple moving average of $88.51 and a two-hundred day simple moving average of $84.71. The firm has a market capitalization of $37.65 billion, a PE ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 12 month low of $70.31 and a 12 month high of $93.85.

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.