Axxcess Wealth Management LLC Takes Position in iShares Russell Mid-Cap ETF $IWR

Axxcess Wealth Management LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 124,264 shares of the company’s stock, valued at approximately $11,963,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of iShares Russell Mid-Cap ETF by 4.2% in the 4th quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock valued at $9,240,000 after acquiring an additional 4,189 shares during the period. Revolve Wealth Partners LLC acquired a new stake in iShares Russell Mid-Cap ETF during the 4th quarter worth $323,000. Quantbot Technologies LP bought a new position in iShares Russell Mid-Cap ETF during the second quarter worth about $64,000. Qube Research & Technologies Ltd grew its stake in iShares Russell Mid-Cap ETF by 581.4% in the second quarter. Qube Research & Technologies Ltd now owns 9,253 shares of the company’s stock valued at $851,000 after acquiring an additional 7,895 shares during the period. Finally, Ieq Capital LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 2.6% during the 2nd quarter. Ieq Capital LLC now owns 86,647 shares of the company’s stock valued at $7,969,000 after purchasing an additional 2,199 shares in the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Up 0.9%

iShares Russell Mid-Cap ETF stock opened at $108.54 on Friday. The company has a 50 day moving average of $105.19 and a 200-day moving average of $101.26. iShares Russell Mid-Cap ETF has a twelve month low of $88.83 and a twelve month high of $110.22. The stock has a market capitalization of $54.60 billion, a PE ratio of 21.00 and a beta of 1.00.

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.