Optivise Advisory Services LLC Buys Shares of 9,940 iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Optivise Advisory Services LLC purchased a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 9,940 shares of the company’s stock, valued at approximately $876,000.

Other institutional investors also recently made changes to their positions in the company. Stratos Wealth Advisors LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 0.5% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 22,225 shares of the company’s stock worth $1,959,000 after purchasing an additional 112 shares during the last quarter. Klingman & Associates LLC boosted its position in iShares Russell Mid-Cap ETF by 1.0% during the 2nd quarter. Klingman & Associates LLC now owns 12,564 shares of the company’s stock worth $1,019,000 after acquiring an additional 122 shares during the period. Guidance Point Advisors LLC increased 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 valued at $354,000 after purchasing an additional 123 shares during the period. Tranquility Partners LLC lifted its position in iShares Russell Mid-Cap ETF by 2.0% in the 3rd quarter. Tranquility Partners LLC now owns 6,624 shares of the company’s stock worth $584,000 after buying an additional 132 shares in the last quarter. Finally, Sage Mountain Advisors LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 50.9% during the 2nd quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock worth $33,000 after purchasing an additional 136 shares in the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA IWR opened at $94.53 on Friday. The business has a 50 day simple moving average of $89.31 and a 200 day simple moving average of $85.07. iShares Russell Mid-Cap ETF has a 52 week low of $71.37 and a 52 week high of $94.62. The stock has a market cap of $39.05 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02.

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.