Dover Advisors LLC Boosts Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Dover Advisors LLC grew its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.8% during the 3rd quarter, Holdings Channel reports. The firm owned 26,120 shares of the company’s stock after purchasing an additional 1,428 shares during the quarter. iShares Russell Mid-Cap ETF makes up approximately 1.3% of Dover Advisors LLC’s investment portfolio, making the stock its 17th largest position. Dover Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,302,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Mission Wealth Management LP boosted its stake in iShares Russell Mid-Cap ETF by 22.1% during the 1st quarter. Mission Wealth Management LP now owns 8,749 shares of the company’s stock worth $736,000 after purchasing an additional 1,584 shares during the last quarter. Mutual of America Capital Management LLC grew its stake in iShares Russell Mid-Cap ETF by 7.0% during the 1st quarter. Mutual of America Capital Management LLC now owns 9,035 shares of the company’s stock valued at $760,000 after acquiring an additional 595 shares in the last quarter. Cambridge Trust Co. raised its holdings in iShares Russell Mid-Cap ETF by 2.8% in the 1st quarter. Cambridge Trust Co. now owns 8,344 shares of the company’s stock valued at $702,000 after acquiring an additional 224 shares during the last quarter. LRI Investments LLC purchased a new position in iShares Russell Mid-Cap ETF in the 1st quarter worth approximately $120,000. Finally, Gradient Investments LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 358.6% during the 2nd quarter. Gradient Investments LLC now owns 12,414 shares of the company’s stock worth $1,007,000 after purchasing an additional 9,707 shares during the last quarter.

iShares Russell Mid-Cap ETF Price Performance

Shares of NYSEARCA:IWR traded down $0.25 during midday trading on Tuesday, hitting $89.26. The company had a trading volume of 706,077 shares, compared to its average volume of 1,216,974. The business’s 50-day simple moving average is $85.77 and its 200-day simple moving average is $83.20. The stock has a market cap of $36.87 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a twelve month low of $64.66 and a twelve month high of $90.11.

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.