SB Capital Management Inc Purchases New Shares in iShares Russell Mid-Cap ETF $IWR

SB Capital Management Inc purchased a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 9,854 shares of the company’s stock, valued at approximately $949,000.

A number of other institutional investors have also added to or reduced their stakes in the company. HFM Investment Advisors LLC purchased a new position in iShares Russell Mid-Cap ETF during the fourth quarter valued at $28,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth about $32,000. Smartleaf Asset Management LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 192.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock worth $39,000 after acquiring an additional 263 shares in the last quarter. Commonwealth Retirement Investments LLC bought a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth about $41,000. Finally, Dorato Capital Management purchased a new position in iShares Russell Mid-Cap ETF during the 4th quarter valued at about $43,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 0.9%

Shares of IWR opened at $108.54 on Friday. The business’s 50 day moving average price is $105.19 and its 200-day moving average price is $101.26. iShares Russell Mid-Cap ETF has a 52 week low of $88.83 and a 52 week high of $110.22. The stock has a market cap of $54.60 billion, a P/E ratio of 21.00 and a beta of 1.00.

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. 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.