Sigma Investment Counselors Inc. Makes New $27.70 Million Investment in iShares Russell Mid-Cap ETF $IWR

Sigma Investment Counselors Inc. acquired a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 259,589 shares of the company’s stock, valued at approximately $27,701,000. iShares Russell Mid-Cap ETF accounts for about 1.3% of Sigma Investment Counselors Inc.’s holdings, making the stock its 22nd biggest position.

Other large investors have also bought and sold shares of the company. NFSG Corp boosted its position in shares of iShares Russell Mid-Cap ETF by 93.1% during the 1st quarter. NFSG Corp now owns 280 shares of the company’s stock valued at $27,000 after purchasing an additional 135 shares in the last quarter. Frazier Financial Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the 1st quarter worth approximately $31,000. Tucker Asset Management LLC grew its stake in shares of iShares Russell Mid-Cap ETF by 234.6% in the 2nd quarter. Tucker Asset Management LLC now owns 358 shares of the company’s stock worth $39,000 after purchasing an additional 251 shares during the last quarter. Scarborough Advisors LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the 1st quarter worth approximately $38,000. Finally, Physician Wealth Advisors Inc. raised its holdings in shares of iShares Russell Mid-Cap ETF by 1,828.6% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 405 shares of the company’s stock worth $43,000 after purchasing an additional 384 shares in the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

NYSEARCA IWR opened at $110.33 on Wednesday. iShares Russell Mid-Cap ETF has a 12 month low of $91.64 and a 12 month high of $114.97. The company has a market capitalization of $57.36 billion, a P/E ratio of 21.00 and a beta of 1.00. The company’s 50 day simple moving average is $109.93 and its 200 day simple moving average is $105.84.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.