Concurrent Investment Advisors LLC Boosts Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Concurrent Investment Advisors LLC raised its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 9.0% during the second quarter, Holdings Channel reports. The fund owned 11,424 shares of the company’s stock after buying an additional 947 shares during the period. Concurrent Investment Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $926,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pathstone Holdings LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $157,496,000. Baird Financial Group Inc. lifted its position in shares of iShares Russell Mid-Cap ETF by 28.3% during the 4th quarter. Baird Financial Group Inc. now owns 7,802,114 shares of the company’s stock valued at $606,458,000 after buying an additional 1,722,388 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of iShares Russell Mid-Cap ETF by 849.0% during the 1st quarter. Cetera Investment Advisers now owns 1,192,772 shares of the company’s stock worth $100,300,000 after acquiring an additional 1,067,086 shares during the period. Jones Financial Companies Lllp grew its stake in shares of iShares Russell Mid-Cap ETF by 3.5% during the 4th quarter. Jones Financial Companies Lllp now owns 20,399,582 shares of the company’s stock worth $1,585,660,000 after acquiring an additional 695,205 shares during the period. Finally, Mesirow Financial Investment Management Inc. purchased a new stake in iShares Russell Mid-Cap ETF in the 1st quarter worth about $38,875,000.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $86.60 on Monday. The stock has a market capitalization of $35.77 billion, a P/E ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 52-week low of $64.66 and a 52-week high of $86.91. The stock’s 50-day simple moving average is $83.08 and its 200 day simple moving average is $82.01.

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.