Meridian Wealth Management LLC Invests $1.83 Million in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Meridian Wealth Management LLC acquired a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the third quarter, according to its most recent 13F filing with the SEC. The firm acquired 20,788 shares of the company’s stock, valued at approximately $1,832,000.

Other large investors also recently modified their holdings of the company. Nwam LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at about $8,971,000. GM Advisory Group LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 22.6% during the 3rd quarter. GM Advisory Group LLC now owns 13,118 shares of the company’s stock valued at $1,156,000 after buying an additional 2,418 shares during the period. Biltmore Family Office LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 98.9% during the 3rd quarter. Biltmore Family Office LLC now owns 7,957 shares of the company’s stock valued at $701,000 after buying an additional 3,957 shares during the period. Raymond James Trust N.A. raised its holdings in shares of iShares Russell Mid-Cap ETF by 2.3% during the 3rd quarter. Raymond James Trust N.A. now owns 114,870 shares of the company’s stock valued at $10,125,000 after buying an additional 2,636 shares during the period. Finally, First County Bank CT purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at about $363,000.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR opened at $94.53 on Friday. The company has a market cap of $39.05 billion, a P/E ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a one year low of $71.37 and a one year high of $94.62. The business’s 50-day simple moving average is $89.31 and its 200 day simple moving average is $85.07.

iShares Russell Mid-Cap ETF 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.