SB Capital Management Inc Invests $949,000 in iShares Russell Mid-Cap ETF $IWR

SB Capital Management Inc bought a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 9,854 shares of the company’s stock, valued at approximately $949,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Corepath Wealth Partners LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 282.0% in the third quarter. Corepath Wealth Partners LLC now owns 17,110 shares of the company’s stock worth $1,665,000 after purchasing an additional 12,631 shares during the last quarter. Tompkins Financial Corp raised its holdings in iShares Russell Mid-Cap ETF by 465.7% during the 4th quarter. Tompkins Financial Corp now owns 116,276 shares of the company’s stock valued at $11,194,000 after buying an additional 95,723 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its position in iShares Russell Mid-Cap ETF by 163.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 39,916 shares of the company’s stock valued at $3,885,000 after buying an additional 24,782 shares during the period. Argentarii LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 4th quarter valued at $1,397,000. Finally, Becker Capital Management Inc. bought a new stake in iShares Russell Mid-Cap ETF in the 3rd quarter worth $1,173,000. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Up 0.9%

Shares of iShares Russell Mid-Cap ETF stock opened at $108.54 on Friday. The company’s fifty day simple moving average is $105.19 and its two-hundred day simple moving average is $101.26. iShares Russell Mid-Cap ETF has a 12-month low of $88.83 and a 12-month high of $110.22. The firm has a market cap of $54.60 billion, a PE ratio of 21.00 and a beta of 1.00.

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.