ABLE Financial Group LLC Boosts Stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

ABLE Financial Group LLC lifted its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 6.9% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 102,955 shares of the company’s stock after purchasing an additional 6,682 shares during the period. iShares Russell Mid-Cap ETF accounts for approximately 2.8% of ABLE Financial Group LLC’s holdings, making the stock its 10th largest holding. ABLE Financial Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $9,074,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Paladin Advisory Group LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the 2nd quarter worth $27,000. Future Financial Wealth Managment LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth $30,000. Sage Mountain Advisors LLC boosted its position 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 worth $33,000 after purchasing an additional 136 shares during the last quarter. Beaird Harris Wealth Management LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the 1st quarter worth $40,000. Finally, Cultivar Capital Inc. acquired a new stake in iShares Russell Mid-Cap ETF during the 2nd quarter worth $41,000.

iShares Russell Mid-Cap ETF Stock Up 0.6 %

iShares Russell Mid-Cap ETF stock traded up $0.52 during mid-day trading on Friday, hitting $92.44. 461,889 shares of the company’s stock were exchanged, compared to its average volume of 1,279,190. The firm has a market capitalization of $38.19 billion, a P/E ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a fifty-two week low of $67.59 and a fifty-two week high of $92.55. The company’s 50 day simple moving average is $87.53 and its 200-day simple moving average is $84.08.

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.