Raymond James & Associates Raises Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Raymond James & Associates boosted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.6% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 1,454,215 shares of the company’s stock after acquiring an additional 36,255 shares during the quarter. Raymond James & Associates owned about 0.35% of iShares Russell Mid-Cap ETF worth $128,175,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Paladin Advisory Group LLC purchased a new position in iShares Russell Mid-Cap ETF during the second quarter valued at $27,000. Future Financial Wealth Managment LLC purchased a new stake in iShares Russell Mid-Cap ETF in the 1st quarter valued at about $29,000. Financial Synergies Wealth Advisors Inc. lifted its stake in iShares Russell Mid-Cap ETF by 120.9% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 380 shares of the company’s stock worth $32,000 after purchasing an additional 208 shares in the last quarter. Sage Mountain Advisors LLC boosted its stake in shares of 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 valued at $33,000 after purchasing an additional 136 shares during the period. Finally, Beaird Harris Wealth Management LLC purchased a new position in iShares Russell Mid-Cap ETF in the first quarter valued at $40,000.

iShares Russell Mid-Cap ETF Stock Performance

IWR opened at $90.06 on Friday. The business’s 50-day simple moving average is $86.45 and its 200-day simple moving average is $83.38. iShares Russell Mid-Cap ETF has a one year low of $64.66 and a one year high of $90.18. The company has a market cap of $37.20 billion, a P/E ratio of 20.27 and a beta of 1.02.

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.