MAI Capital Management Grows Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

MAI Capital Management boosted its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 6.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 358,564 shares of the company’s stock after purchasing an additional 22,634 shares during the period. MAI Capital Management owned about 0.09% of iShares Russell Mid-Cap ETF worth $31,604,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Paladin Advisory Group LLC purchased a new stake in iShares Russell Mid-Cap ETF in the 2nd quarter worth 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 about $30,000. Sage Mountain Advisors LLC boosted its holdings in iShares Russell Mid-Cap ETF by 50.9% in the 2nd quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock worth $33,000 after buying an additional 136 shares during the period. Highline Wealth Partners LLC purchased a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $41,000. Finally, Beaird Harris Wealth Management LLC bought a new stake in iShares Russell Mid-Cap ETF during the 1st quarter valued at $40,000.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA:IWR opened at $91.14 on Monday. The company has a market cap of $37.65 billion, a P/E ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 1 year low of $70.31 and a 1 year high of $93.85. The stock’s fifty day moving average price is $88.51 and its two-hundred day moving average price is $84.71.

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.