Grimes & Company Inc. Acquires 708 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Grimes & Company Inc. lifted its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 7.1% in the 4th quarter, HoldingsChannel reports. The fund owned 10,702 shares of the company’s stock after purchasing an additional 708 shares during the period. Grimes & Company Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $946,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Stratos Wealth Advisors LLC increased its position in shares of iShares Russell Mid-Cap ETF by 0.5% during the third quarter. Stratos Wealth Advisors LLC now owns 22,225 shares of the company’s stock worth $1,959,000 after acquiring an additional 112 shares in the last quarter. Certified Advisory Corp grew its position in iShares Russell Mid-Cap ETF by 1.1% in the 4th quarter. Certified Advisory Corp now owns 10,159 shares of the company’s stock worth $898,000 after purchasing an additional 115 shares in the last quarter. Meridian Financial Partners LLC grew its position in iShares Russell Mid-Cap ETF by 0.5% in the 4th quarter. Meridian Financial Partners LLC now owns 23,482 shares of the company’s stock worth $2,076,000 after purchasing an additional 116 shares in the last quarter. Raleigh Capital Management Inc. grew its position in iShares Russell Mid-Cap ETF by 28.1% in the 4th quarter. Raleigh Capital Management Inc. now owns 534 shares of the company’s stock worth $47,000 after purchasing an additional 117 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its position in iShares Russell Mid-Cap ETF by 1.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 12,618 shares of the company’s stock worth $1,112,000 after purchasing an additional 121 shares in the last quarter.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR stock opened at $92.63 on Friday. iShares Russell Mid-Cap ETF has a 52-week low of $76.25 and a 52-week high of $96.00. The company has a 50-day simple moving average of $91.57 and a two-hundred day simple moving average of $88.14. The company has a market capitalization of $38.27 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.