Daner Wealth Management LLC Makes New $3.60 Million Investment in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Daner Wealth Management LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 38,719 shares of the company’s stock, valued at approximately $3,596,000. iShares Russell Mid-Cap ETF comprises about 2.6% of Daner Wealth Management LLC’s investment portfolio, making the stock its 10th biggest holding.

Several other institutional investors have also recently made changes to their positions in the business. Newbridge Financial Services Group Inc. bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at approximately $25,000. Roxbury Financial LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth $25,000. Legacy Investment Solutions LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at $26,000. First Pacific Financial purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth $27,000. Finally, Hoese & Co LLP bought a new position in iShares Russell Mid-Cap ETF in the 4th quarter worth $32,000.

iShares Russell Mid-Cap ETF Stock Performance

NYSEARCA IWR opened at $89.41 on Wednesday. The business’s fifty day moving average is $90.68 and its 200 day moving average is $89.59. iShares Russell Mid-Cap ETF has a fifty-two week low of $78.36 and a fifty-two week high of $96.00. The company has a market capitalization of $38.92 billion, a PE ratio of 21.79 and a beta of 1.12.

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.