Valmark Advisers Inc. Acquires 982 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

by · The Markets Daily

Valmark Advisers Inc. grew its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 3.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,542 shares of the company’s stock after acquiring an additional 982 shares during the quarter. Valmark Advisers Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $2,428,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Paladin Advisory Group LLC bought a new stake in iShares Russell Mid-Cap ETF during the second quarter valued at approximately $27,000. Future Financial Wealth Managment LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth $30,000. Sage Mountain Advisors LLC grew its position in iShares Russell Mid-Cap ETF by 50.9% in the second quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock worth $33,000 after acquiring an additional 136 shares in the last quarter. Beaird Harris Wealth Management LLC bought a new position in iShares Russell Mid-Cap ETF in the first quarter valued at $40,000. Finally, Cultivar Capital Inc. purchased a new stake in iShares Russell Mid-Cap ETF during the second quarter valued at about $41,000.

iShares Russell Mid-Cap ETF Trading Down 0.2 %

IWR opened at $88.78 on Wednesday. The stock has a market capitalization of $36.68 billion, a P/E ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 12-month low of $64.66 and a 12-month high of $90.18. The stock has a 50-day moving average price of $87.17 and a 200-day moving average price of $83.70.

iShares Russell Mid-Cap ETF Profile

(Free Report)

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.

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