Optimum Investment Advisors Increases Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Optimum Investment Advisors grew its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 26.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,332 shares of the company’s stock after purchasing an additional 1,728 shares during the period. Optimum Investment Advisors’ holdings in iShares Russell Mid-Cap ETF were worth $734,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Klingman & Associates LLC grew its position in shares of iShares Russell Mid-Cap ETF by 1.0% in the second quarter. Klingman & Associates LLC now owns 12,564 shares of the company’s stock valued at $1,019,000 after purchasing an additional 122 shares in the last quarter. Guidance Point Advisors LLC boosted its stake in iShares Russell Mid-Cap ETF by 2.9% in the 2nd quarter. Guidance Point Advisors LLC now owns 4,365 shares of the company’s stock worth $354,000 after purchasing an additional 123 shares during the period. Sage Mountain Advisors LLC boosted its stake in 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 period. Advisory Resource Group boosted its stake in iShares Russell Mid-Cap ETF by 2.4% in the 1st quarter. Advisory Resource Group now owns 5,949 shares of the company’s stock worth $500,000 after purchasing an additional 138 shares during the period. Finally, Investment Advisory Group LLC boosted its stake in iShares Russell Mid-Cap ETF by 1.7% in the 3rd quarter. Investment Advisory Group LLC now owns 8,652 shares of the company’s stock worth $763,000 after purchasing an additional 144 shares during the period.

iShares Russell Mid-Cap ETF Stock Down 0.1 %

Shares of NYSEARCA IWR opened at $89.74 on Friday. iShares Russell Mid-Cap ETF has a 52 week low of $64.66 and a 52 week high of $90.11. The business has a 50-day simple moving average of $86.29 and a two-hundred day simple moving average of $83.33. The company has a market cap of $37.07 billion, a P/E ratio of 20.27 and a beta of 1.02.

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.