iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Sees Large Volume Increase – What’s Next?

Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) saw unusually-high trading volume on Tuesday . Approximately 4,087,425 shares traded hands during trading, an increase of 206% from the previous session’s volume of 1,336,662 shares.The stock last traded at $89.98 and had previously closed at $89.24.

iShares Russell Mid-Cap ETF Price Performance

The stock has a market capitalization of $37.17 billion, a P/E ratio of 20.27 and a beta of 1.02. The stock has a fifty day moving average price of $91.57 and a 200 day moving average price of $86.73.

Institutional Trading of iShares Russell Mid-Cap ETF

Several institutional investors and hedge funds have recently modified their holdings of IWR. Stratos Wealth Advisors LLC raised its position in shares of iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Stratos Wealth Advisors LLC now owns 22,225 shares of the company’s stock valued at $1,959,000 after buying an additional 112 shares in the last quarter. Sunbelt Securities Inc. raised its position in iShares Russell Mid-Cap ETF by 1.0% during the third quarter. Sunbelt Securities Inc. now owns 12,618 shares of the company’s stock valued at $1,112,000 after purchasing an additional 121 shares in the last quarter. Klingman & Associates LLC lifted its stake in iShares Russell Mid-Cap ETF by 1.0% during the second quarter. Klingman & Associates LLC now owns 12,564 shares of the company’s stock worth $1,019,000 after purchasing an additional 122 shares during the last quarter. Guidance Point Advisors LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 2.9% in the 2nd quarter. Guidance Point Advisors LLC now owns 4,365 shares of the company’s stock worth $354,000 after purchasing an additional 123 shares in the last quarter. Finally, Associated Banc Corp increased its position in shares of iShares Russell Mid-Cap ETF by 3.8% during the 3rd quarter. Associated Banc Corp now owns 3,427 shares of the company’s stock valued at $302,000 after purchasing an additional 126 shares during the last quarter.

iShares Russell Mid-Cap ETF Company Profile

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.