GRIMES & Co WEALTH MANAGEMENT LLC Makes New $866,000 Investment in iShares Russell Mid-Cap ETF $IWR

GRIMES & Co WEALTH MANAGEMENT LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,120 shares of the company’s stock, valued at approximately $866,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Roxbury Financial LLC lifted its position in iShares Russell Mid-Cap ETF by 12.3% in the 2nd quarter. Roxbury Financial LLC now owns 893 shares of the company’s stock valued at $99,000 after acquiring an additional 98 shares in the last quarter. Asset Management Group Inc. boosted its stake in iShares Russell Mid-Cap ETF by 0.3% during the 1st quarter. Asset Management Group Inc. now owns 39,600 shares of the company’s stock valued at $3,850,000 after purchasing an additional 102 shares during the last quarter. Hickory Point Bank & Trust boosted its stake in iShares Russell Mid-Cap ETF by 5.8% during the 3rd quarter. Hickory Point Bank & Trust now owns 2,111 shares of the company’s stock valued at $225,000 after purchasing an additional 115 shares during the last quarter. Farmers National Bank boosted its stake in iShares Russell Mid-Cap ETF by 0.6% during the 1st quarter. Farmers National Bank now owns 20,278 shares of the company’s stock valued at $1,972,000 after purchasing an additional 118 shares during the last quarter. Finally, NFSG Corp boosted its stake in 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 during the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

Shares of IWR opened at $111.56 on Thursday. The stock has a 50 day moving average price of $109.64 and a two-hundred day moving average price of $106.15. The firm has a market capitalization of $58.85 billion, a P/E ratio of 20.27 and a beta of 1.00. iShares Russell Mid-Cap ETF has a 52 week low of $91.64 and a 52 week high of $114.97.

iShares Russell Mid-Cap ETF 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.