iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Hits New 12-Month High at $88.35

Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) hit a new 52-week high on Tuesday . The company traded as high as $88.35 and last traded at $88.24, with a volume of 181152 shares. The stock had previously closed at $88.03.

iShares Russell Mid-Cap ETF Price Performance

The stock has a market cap of $36.46 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. The company’s fifty day moving average price is $84.50 and its 200-day moving average price is $82.63.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Klingman & Associates LLC lifted its holdings 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 worth $1,019,000 after purchasing an additional 122 shares during the period. Guidance Point Advisors LLC boosted its holdings in shares of 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 valued at $354,000 after acquiring an additional 123 shares during the last quarter. Center for Financial Planning Inc. increased its stake in shares of iShares Russell Mid-Cap ETF by 1.5% in the first quarter. Center for Financial Planning Inc. now owns 8,433 shares of the company’s stock worth $709,000 after acquiring an additional 127 shares during the period. Sage Mountain Advisors LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 50.9% during the second 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. Finally, Advisory Resource Group lifted its position in iShares Russell Mid-Cap ETF by 2.4% during the first quarter. Advisory Resource Group now owns 5,949 shares of the company’s stock valued at $500,000 after purchasing an additional 138 shares during the period.

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.