AE Wealth Management LLC Purchases 10,155 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

AE Wealth Management LLC boosted its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 2.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 501,030 shares of the company’s stock after purchasing an additional 10,155 shares during the period. AE Wealth Management LLC owned about 0.12% of iShares Russell Mid-Cap ETF worth $40,624,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. LifeSteps Financial Inc. bought a new position in iShares Russell Mid-Cap ETF during the 1st quarter valued at about $25,000. Paladin Advisory Group LLC bought a new position in iShares Russell Mid-Cap ETF during the 2nd quarter valued at about $27,000. Future Financial Wealth Managment LLC bought a new position in iShares Russell Mid-Cap ETF during the 1st quarter valued at about $29,000. Financial Synergies Wealth Advisors Inc. lifted its holdings in iShares Russell Mid-Cap ETF by 120.9% during the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 380 shares of the company’s stock valued at $32,000 after purchasing an additional 208 shares during the last quarter. Finally, Sage Mountain Advisors LLC lifted its holdings in iShares Russell Mid-Cap ETF by 50.9% during the 2nd quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock valued at $33,000 after purchasing an additional 136 shares during the last quarter.

iShares Russell Mid-Cap ETF Stock Up 1.4 %

Shares of IWR stock opened at $87.99 on Friday. iShares Russell Mid-Cap ETF has a 12-month low of $64.66 and a 12-month high of $88.28. The company has a market capitalization of $36.35 billion, a P/E ratio of 20.27 and a beta of 1.02. The firm has a 50-day moving average price of $84.33 and a 200 day moving average price of $82.53.

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.