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

MV Capital Management Inc. purchased a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 103,245 shares of the company’s stock, valued at approximately $9,939,000. iShares Russell Mid-Cap ETF makes up 1.0% of MV Capital Management Inc.’s investment portfolio, making the stock its 28th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Piscataqua Savings Bank lifted its stake in iShares Russell Mid-Cap ETF by 11.1% during the fourth quarter. Piscataqua Savings Bank now owns 1,000 shares of the company’s stock valued at $96,000 after buying an additional 100 shares in the last quarter. Advisor OS LLC increased its position in shares of iShares Russell Mid-Cap ETF by 1.8% in the third quarter. Advisor OS LLC now owns 6,854 shares of the company’s stock worth $662,000 after acquiring an additional 118 shares in the last quarter. Walled Lake Planning & Wealth Management LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 1.6% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 7,751 shares of the company’s stock valued at $746,000 after acquiring an additional 119 shares during the period. Asset Management Group Inc. raised its holdings in shares of iShares Russell Mid-Cap ETF by 0.3% during the fourth quarter. Asset Management Group Inc. now owns 39,498 shares of the company’s stock valued at $3,802,000 after acquiring an additional 124 shares during the period. Finally, Rossby Financial LCC raised its holdings in shares of iShares Russell Mid-Cap ETF by 14.3% during the third quarter. Rossby Financial LCC now owns 997 shares of the company’s stock valued at $96,000 after acquiring an additional 125 shares during the period. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR opened at $108.54 on Friday. The firm has a 50 day simple moving average of $105.19 and a 200 day simple moving average of $101.26. iShares Russell Mid-Cap ETF has a 52 week low of $88.83 and a 52 week high of $110.22. The company 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 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.