Mach 1 Financial Group LLC Takes Position in iShares Russell Mid-Cap ETF $IWR

Mach 1 Financial Group LLC acquired a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 4,981 shares of the company’s stock, valued at approximately $480,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Piscataqua Savings Bank raised its position in iShares Russell Mid-Cap ETF by 11.1% during the 4th quarter. Piscataqua Savings Bank now owns 1,000 shares of the company’s stock worth $96,000 after buying an additional 100 shares during the last quarter. Welch & Forbes LLC boosted its holdings in shares of iShares Russell Mid-Cap ETF by 0.5% in the 3rd quarter. Welch & Forbes LLC now owns 22,832 shares of the company’s stock valued at $2,204,000 after acquiring an additional 105 shares during the last quarter. Hollencrest Capital Management boosted its holdings in shares of iShares Russell Mid-Cap ETF by 1.7% in the 3rd quarter. Hollencrest Capital Management now owns 6,226 shares of the company’s stock valued at $601,000 after acquiring an additional 106 shares during the last quarter. Cornerstone Wealth Management LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 0.5% in the third quarter. Cornerstone Wealth Management LLC now owns 21,223 shares of the company’s stock worth $2,049,000 after acquiring an additional 114 shares during the period. Finally, Objectivity Squared LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 3.7% in the third quarter. Objectivity Squared LLC now owns 3,304 shares of the company’s stock worth $319,000 after acquiring an additional 117 shares during the period. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $105.00 on Friday. The stock has a market cap of $52.82 billion, a PE ratio of 21.00 and a beta of 1.01. The firm has a fifty day moving average price of $101.22 and a 200 day moving average price of $99.50. iShares Russell Mid-Cap ETF has a 1 year low of $86.89 and a 1 year high of $106.43.

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.