Diversify Wealth Management LLC Acquires Shares of 28,359 iShares Russell Mid-Cap ETF $IWR

Diversify Wealth Management LLC bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 28,359 shares of the company’s stock, valued at approximately $2,906,000.

Other hedge funds have also modified their holdings of the company. Tompkins Financial Corp lifted its stake in shares of iShares Russell Mid-Cap ETF by 465.7% in the 4th quarter. Tompkins Financial Corp now owns 116,276 shares of the company’s stock worth $11,194,000 after acquiring an additional 95,723 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 163.8% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 39,916 shares of the company’s stock valued at $3,885,000 after acquiring an additional 24,782 shares in the last quarter. Argentarii LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth about $1,397,000. AE Wealth Management LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 7.5% during the fourth quarter. AE Wealth Management LLC now owns 308,358 shares of the company’s stock worth $29,686,000 after acquiring an additional 21,572 shares during the period. Finally, Shelton Wealth Management LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 27.2% during the fourth quarter. Shelton Wealth Management LLC now owns 78,830 shares of the company’s stock worth $7,589,000 after acquiring an additional 16,864 shares during the period. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Down 0.2%

NYSEARCA IWR opened at $109.78 on Tuesday. The stock has a market capitalization of $56.81 billion, a P/E ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 52-week low of $91.36 and a 52-week high of $111.43. The firm has a 50-day moving average price of $107.47 and a 200 day moving average price of $102.76.

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. 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.