Winthrop Partners WNY LLC Invests $6.56 Million in iShares Russell Mid-Cap ETF $IWR

Winthrop Partners WNY LLC acquired a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 4th quarter, Holdings Channel reports. The fund acquired 68,154 shares of the company’s stock, valued at approximately $6,561,000. iShares Russell Mid-Cap ETF accounts for about 3.5% of Winthrop Partners WNY LLC’s portfolio, making the stock its 5th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. HFM Investment Advisors LLC acquired a new stake in iShares Russell Mid-Cap ETF in the 4th quarter valued at approximately $28,000. KERR FINANCIAL PLANNING Corp acquired a new position in shares of iShares Russell Mid-Cap ETF during the third quarter worth approximately $32,000. Reflection Asset Management acquired a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth approximately $33,000. Commonwealth Retirement Investments LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth approximately $41,000. Finally, TD Capital Management LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at approximately $42,000. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $108.54 on Friday. The company’s fifty day simple moving average is $105.34 and its 200-day simple moving average is $101.31. The company has a market cap of $54.60 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 1 year low of $88.83 and a 1 year high of $110.22.

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.