Meridian Wealth Management LLC Makes New Investment in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Meridian Wealth Management LLC purchased a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the third quarter, Holdings Channel reports. The fund purchased 20,788 shares of the company’s stock, valued at approximately $1,832,000.

A number of other institutional investors also recently added to or reduced their stakes in IWR. Natixis Advisors LLC boosted its position in iShares Russell Mid-Cap ETF by 337.3% during the 2nd quarter. Natixis Advisors LLC now owns 1,668,038 shares of the company’s stock worth $135,245,000 after acquiring an additional 1,286,639 shares during the period. Cetera Investment Advisers lifted its holdings in shares of iShares Russell Mid-Cap ETF by 849.0% in the first quarter. Cetera Investment Advisers now owns 1,192,772 shares of the company’s stock valued at $100,300,000 after buying an additional 1,067,086 shares during the period. International Assets Investment Management LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 15,459.0% in the third quarter. International Assets Investment Management LLC now owns 479,217 shares of the company’s stock valued at $42,238,000 after buying an additional 476,137 shares during the period. Strategic Financial Concepts LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 3,333.2% in the second quarter. Strategic Financial Concepts LLC now owns 470,035 shares of the company’s stock valued at $381,000 after buying an additional 456,344 shares during the period. Finally, Proficio Capital Partners LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the third quarter valued at $32,886,000.

iShares Russell Mid-Cap ETF Stock Up 1.1 %

Shares of iShares Russell Mid-Cap ETF stock opened at $94.53 on Friday. The firm has a market cap of $39.05 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The business has a fifty day simple moving average of $89.31 and a 200-day simple moving average of $85.07. iShares Russell Mid-Cap ETF has a fifty-two week low of $71.37 and a fifty-two week high of $94.62.

iShares Russell Mid-Cap ETF Company 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.