Cornerstone Wealth Management LLC Increases Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Cornerstone Wealth Management LLC raised its holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 9.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,621 shares of the company’s stock after purchasing an additional 1,500 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,398,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Trexquant Investment LP boosted its stake in shares of iShares Russell Mid-Cap ETF by 117.1% during the 3rd quarter. Trexquant Investment LP now owns 17,821 shares of the company’s stock worth $1,234,000 after acquiring an additional 9,613 shares in the last quarter. Tower Research Capital LLC TRC raised its position in shares of iShares Russell Mid-Cap ETF by 1,672.6% during the 3rd quarter. Tower Research Capital LLC TRC now owns 9,005 shares of the company’s stock worth $624,000 after purchasing an additional 8,497 shares during the last quarter. Schonfeld Strategic Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $748,000. Glenmede Trust Co. NA raised its position in shares of iShares Russell Mid-Cap ETF by 12.7% during the 3rd quarter. Glenmede Trust Co. NA now owns 93,543 shares of the company’s stock worth $6,478,000 after purchasing an additional 10,540 shares during the last quarter. Finally, Axxcess Wealth Management LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $631,000.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $80.83 on Friday. iShares Russell Mid-Cap ETF has a 1 year low of $64.66 and a 1 year high of $84.33. The company has a market capitalization of $33.39 billion, a P/E ratio of 20.27 and a beta of 1.02. The business has a 50 day moving average price of $81.47 and a 200 day moving average price of $80.14.

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.