Assetmark Inc. Acquires 7,261 Shares of iShares Russell Mid-Cap ETF $IWR

Assetmark Inc. raised its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 139.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,451 shares of the company’s stock after buying an additional 7,261 shares during the period. Assetmark Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $1,202,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the stock. HHM Wealth Advisors LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 2nd quarter valued at about $29,000. Traub Capital Management LLC purchased a new position in iShares Russell Mid-Cap ETF in the 2nd quarter worth approximately $37,000. Legacy Investment Solutions LLC bought a new stake in iShares Russell Mid-Cap ETF in the second quarter valued at approximately $38,000. Smartleaf Asset Management LLC lifted its position in iShares Russell Mid-Cap ETF by 192.0% in the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after purchasing an additional 263 shares during the last quarter. Finally, Financial Gravity Companies Inc. purchased a new stake in shares of iShares Russell Mid-Cap ETF during the second quarter valued at approximately $47,000. Hedge funds and other institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $102.77 on Friday. iShares Russell Mid-Cap ETF has a 52-week low of $73.17 and a 52-week high of $103.38. The company’s 50 day moving average price is $99.59 and its 200-day moving average price is $97.06. The stock has a market capitalization of $49.15 billion, a price-to-earnings 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.