Optivise Advisory Services LLC Buys New Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Optivise Advisory Services LLC bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 9,940 shares of the company’s stock, valued at approximately $876,000.

Other hedge funds also recently bought and sold shares of the company. Paladin Advisory Group LLC acquired a new position in iShares Russell Mid-Cap ETF during the 2nd quarter valued at $27,000. Future Financial Wealth Managment LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the third quarter valued at about $30,000. Sage Mountain Advisors LLC lifted 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 buying an additional 136 shares during the period. Highline Wealth Partners LLC acquired a new stake in iShares Russell Mid-Cap ETF during the third quarter worth about $41,000. Finally, Beaird Harris Wealth Management LLC bought a new position in iShares Russell Mid-Cap ETF during the first quarter valued at about $40,000.

iShares Russell Mid-Cap ETF Trading Up 1.1 %

IWR opened at $94.53 on Friday. The stock has a market cap of $39.05 billion, a PE ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 1 year low of $71.37 and a 1 year high of $94.62. The stock’s 50 day simple moving average is $89.31 and its 200-day simple moving average is $85.07.

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.