DAVENPORT & Co LLC Buys 103,353 Shares of iShares Russell Mid-Cap ETF $IWR

DAVENPORT & Co LLC raised its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 280.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 140,153 shares of the company’s stock after buying an additional 103,353 shares during the quarter. DAVENPORT & Co LLC’s holdings in iShares Russell Mid-Cap ETF were worth $13,493,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in IWR. KERR FINANCIAL PLANNING Corp acquired a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter worth about $32,000. Smartleaf Asset Management LLC raised its position in shares of iShares Russell Mid-Cap ETF by 192.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after acquiring an additional 263 shares during the period. Cary Street Partners Investment Advisory LLC bought a new position in iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $47,000. Cornerstone Planning Group LLC bought a new position in iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $55,000. Finally, Quantbot Technologies LP acquired a new position in iShares Russell Mid-Cap ETF during the second quarter valued at approximately $64,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR opened at $98.06 on Thursday. The company has a 50 day moving average price of $100.34 and a two-hundred day moving average price of $97.86. The company has a market capitalization of $46.90 billion, a PE ratio of 21.00 and a beta of 1.06. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $103.53.

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. 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.