iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Sees Unusually-High Trading Volume – Time to Buy?

iShares Russell Mid-Cap ETF (NYSEARCA:IWR) saw an uptick in trading volume on Tuesday . 2,856,001 shares changed hands during trading, an increase of 130% from the previous session’s volume of 1,240,354 shares.The stock last traded at $88.80 and had previously closed at $88.96.

iShares Russell Mid-Cap ETF Stock Down 0.2 %

The company’s 50-day moving average is $87.08 and its two-hundred day moving average is $83.65. The company has a market capitalization of $36.68 billion, a P/E ratio of 20.27 and a beta of 1.02.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in IWR. Stratos Wealth Advisors LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 22,225 shares of the company’s stock valued at $1,959,000 after purchasing an additional 112 shares during the last quarter. Klingman & Associates LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 1.0% during the second quarter. Klingman & Associates LLC now owns 12,564 shares of the company’s stock valued at $1,019,000 after buying an additional 122 shares during the last quarter. Guidance Point Advisors LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 2.9% in the second quarter. Guidance Point Advisors LLC now owns 4,365 shares of the company’s stock worth $354,000 after buying an additional 123 shares during the period. Sage Mountain Advisors LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 50.9% in the 2nd quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock valued at $33,000 after acquiring an additional 136 shares during the last quarter. Finally, Advisory Resource Group boosted its holdings in iShares Russell Mid-Cap ETF by 2.4% during the 1st quarter. Advisory Resource Group now owns 5,949 shares of the company’s stock valued at $500,000 after acquiring an additional 138 shares during the period.

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.