Axis Wealth Partners LLC Buys New Shares in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Axis Wealth Partners LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 24,252 shares of the company’s stock, valued at approximately $2,144,000. iShares Russell Mid-Cap ETF comprises 1.8% of Axis Wealth Partners LLC’s holdings, making the stock its 14th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Personal CFO Solutions LLC bought a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at $307,000. Oak Harbor Wealth Partners LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 11.5% during the 4th quarter. Oak Harbor Wealth Partners LLC now owns 3,623 shares of the company’s stock valued at $320,000 after acquiring an additional 373 shares in the last quarter. Atlantic Union Bankshares Corp increased its stake in iShares Russell Mid-Cap ETF by 2.4% in the fourth quarter. Atlantic Union Bankshares Corp now owns 759,391 shares of the company’s stock valued at $67,130,000 after acquiring an additional 18,047 shares during the period. Dorsey & Whitney Trust CO LLC raised its position in iShares Russell Mid-Cap ETF by 200.2% in the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 52,599 shares of the company’s stock worth $4,650,000 after purchasing an additional 35,078 shares in the last quarter. Finally, Rialto Wealth Management LLC bought a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth about $59,000.

iShares Russell Mid-Cap ETF Trading Up 0.7 %

IWR stock opened at $86.76 on Friday. iShares Russell Mid-Cap ETF has a 1-year low of $78.36 and a 1-year high of $96.00. The business’s 50 day moving average is $90.46 and its 200-day moving average is $89.79. The firm has a market cap of $38.02 billion, a P/E ratio of 20.66 and a beta of 1.13.

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.