Avidian Wealth Enterprises LLC Has $16.17 Million Stock Position in iShares Russell Mid-Cap ETF $IWR

Avidian Wealth Enterprises LLC lessened its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 4.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 167,508 shares of the company’s stock after selling 7,948 shares during the period. iShares Russell Mid-Cap ETF comprises 0.6% of Avidian Wealth Enterprises LLC’s investment portfolio, making the stock its 29th largest holding. Avidian Wealth Enterprises LLC’s holdings in iShares Russell Mid-Cap ETF were worth $16,173,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. BankPlus Wealth Management LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.0% during the third quarter. BankPlus Wealth Management LLC now owns 20,708 shares of the company’s stock valued at $1,999,000 after buying an additional 409 shares in the last quarter. Samalin Investment Counsel LLC boosted its position in iShares Russell Mid-Cap ETF by 5.3% during the 3rd quarter. Samalin Investment Counsel LLC now owns 45,962 shares of the company’s stock worth $4,438,000 after acquiring an additional 2,293 shares during the period. Chicago Partners Investment Group LLC grew its stake in iShares Russell Mid-Cap ETF by 4.9% during the 3rd quarter. Chicago Partners Investment Group LLC now owns 64,902 shares of the company’s stock valued at $6,273,000 after acquiring an additional 3,057 shares in the last quarter. Shared Vision Wealth Group LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 4.4% in the 3rd quarter. Shared Vision Wealth Group LLC now owns 2,874 shares of the company’s stock valued at $276,000 after purchasing an additional 120 shares during the period. Finally, McAdam LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF in the third quarter worth approximately $201,000. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Performance

IWR stock opened at $99.25 on Wednesday. The firm has a 50 day simple moving average of $97.17 and a 200 day simple moving average of $95.94. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $101.47. The stock has a market cap of $47.45 billion, a P/E ratio of 21.00 and a beta of 1.06.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.