iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Sees Unusually-High Trading Volume – Time to Buy?

iShares Russell Mid-Cap ETF (NYSEARCA:IWR) saw an uptick in trading volume on Wednesday . 1,172,838 shares changed hands during mid-day trading, a decline of 3% from the previous session’s volume of 1,204,153 shares.The stock last traded at $88.65 and had previously closed at $88.79.

iShares Russell Mid-Cap ETF Stock Performance

The business has a 50-day moving average of $86.83 and a 200 day moving average of $83.51. The stock has a market cap of $36.62 billion, a PE ratio of 20.27 and a beta of 1.02.

Institutional Trading of iShares Russell Mid-Cap ETF

Several institutional investors have recently made changes to their positions in the stock. Natixis Advisors LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 337.3% during the second quarter. Natixis Advisors LLC now owns 1,668,038 shares of the company’s stock worth $135,245,000 after purchasing an additional 1,286,639 shares in the last quarter. Cetera Investment Advisers lifted its position in iShares Russell Mid-Cap ETF by 849.0% during the 1st quarter. Cetera Investment Advisers now owns 1,192,772 shares of the company’s stock worth $100,300,000 after acquiring an additional 1,067,086 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in iShares Russell Mid-Cap ETF by 15,459.0% in the 3rd quarter. International Assets Investment Management LLC now owns 479,217 shares of the company’s stock worth $42,238,000 after acquiring an additional 476,137 shares during the period. Strategic Financial Concepts LLC grew its position in iShares Russell Mid-Cap ETF by 3,333.2% in the second quarter. Strategic Financial Concepts LLC now owns 470,035 shares of the company’s stock valued at $381,000 after acquiring an additional 456,344 shares in the last quarter. Finally, Factory Mutual Insurance Co. raised its stake in shares of iShares Russell Mid-Cap ETF by 40.1% during the third quarter. Factory Mutual Insurance Co. now owns 978,700 shares of the company’s stock valued at $86,263,000 after purchasing an additional 280,000 shares during the period.

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.