Penobscot Investment Management Company Inc. Takes $286,000 Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Penobscot Investment Management Company Inc. acquired a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,678 shares of the company’s stock, valued at approximately $286,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. First Command Advisory Services Inc. purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $25,000. Aspire Private Capital LLC purchased a new stake in iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $27,000. Raleigh Capital Management Inc. acquired a new position in iShares Russell Mid-Cap ETF during the third quarter worth $29,000. Criterion Capital Advisors LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth $32,000. Finally, BKM Wealth Management LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at $49,000.

iShares Russell Mid-Cap ETF Trading Down 0.2 %

IWR opened at $79.48 on Thursday. The stock’s 50-day moving average price is $81.43 and its 200 day moving average price is $76.58. iShares Russell Mid-Cap ETF has a 12-month low of $64.66 and a 12-month high of $84.33. The firm has a market cap of $32.75 billion, a price-to-earnings ratio of 19.78 and a beta of 1.02.

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.