Adero Partners LLC Grows Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Adero Partners LLC grew its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 3.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 6,045 shares of the company’s stock after acquiring an additional 192 shares during the quarter. Adero Partners LLC’s holdings in iShares Russell Mid-Cap ETF were worth $533,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Natixis Advisors LLC grew its position in shares of iShares Russell Mid-Cap ETF by 337.3% in the second quarter. Natixis Advisors LLC now owns 1,668,038 shares of the company’s stock valued at $135,245,000 after purchasing an additional 1,286,639 shares during the period. Cetera Investment Advisers grew its position in iShares Russell Mid-Cap ETF by 849.0% during the first quarter. Cetera Investment Advisers now owns 1,192,772 shares of the company’s stock valued at $100,300,000 after acquiring an additional 1,067,086 shares during the period. International Assets Investment Management LLC grew its position in iShares Russell Mid-Cap ETF by 15,459.0% during the third quarter. International Assets Investment Management LLC now owns 479,217 shares of the company’s stock valued at $42,238,000 after acquiring an additional 476,137 shares during the period. Strategic Financial Concepts LLC grew its position in iShares Russell Mid-Cap ETF by 3,333.2% during the second quarter. Strategic Financial Concepts LLC now owns 470,035 shares of the company’s stock valued at $381,000 after acquiring an additional 456,344 shares during the period. Finally, Proficio Capital Partners LLC purchased a new stake in iShares Russell Mid-Cap ETF during the third quarter valued at about $32,886,000.

iShares Russell Mid-Cap ETF Trading Down 0.7 %

IWR stock opened at $91.14 on Friday. The stock has a 50-day moving average price of $88.51 and a two-hundred day moving average price of $84.68. iShares Russell Mid-Cap ETF has a 12-month low of $70.31 and a 12-month high of $93.85. The company has a market cap of $37.65 billion, a PE 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.