DAVENPORT & Co LLC Purchases 8,809 Shares of iShares Russell Mid-Cap ETF $IWR

DAVENPORT & Co LLC grew its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 31.5% during the third quarter, Holdings Channel reports. The institutional investor owned 36,800 shares of the company’s stock after purchasing an additional 8,809 shares during the quarter. DAVENPORT & Co LLC’s holdings in iShares Russell Mid-Cap ETF were worth $3,553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Advantage Trust Co bought a new stake in iShares Russell Mid-Cap ETF in the 2nd quarter valued at about $28,000. HHM Wealth Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the second quarter worth about $29,000. Traub Capital Management LLC purchased a new position in shares of iShares Russell Mid-Cap ETF in the second quarter worth about $37,000. Atticus Wealth Management LLC raised its position in shares of iShares Russell Mid-Cap ETF by 123.1% in the second quarter. Atticus Wealth Management LLC now owns 415 shares of the company’s stock valued at $38,000 after purchasing an additional 229 shares during the period. Finally, Legacy Investment Solutions LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 2nd quarter valued at approximately $38,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Trading Up 0.0%

IWR opened at $97.84 on Friday. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $99.12. The company has a market cap of $45.89 billion, a PE ratio of 21.00 and a beta of 1.06. The company has a 50 day moving average of $96.13 and a 200 day moving average of $94.92.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.