Marquette Associates Inc. Makes New $1.47 Million Investment in iShares Russell Mid-Cap ETF $IWR

Marquette Associates Inc. bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the first quarter, HoldingsChannel.com reports. The firm bought 15,136 shares of the company’s stock, valued at approximately $1,472,000. iShares Russell Mid-Cap ETF makes up 1.6% of Marquette Associates Inc.’s portfolio, making the stock its 10th largest position.

Several other hedge funds and other institutional investors have also bought and sold shares of IWR. Brighton Jones LLC raised its position in shares of iShares Russell Mid-Cap ETF by 4.2% in the 4th quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock worth $9,240,000 after acquiring an additional 4,189 shares in the last quarter. Revolve Wealth Partners LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter worth $323,000. Quantbot Technologies LP bought a new stake in iShares Russell Mid-Cap ETF during the second quarter valued at about $64,000. Qube Research & Technologies Ltd boosted its position in iShares Russell Mid-Cap ETF by 581.4% during the second quarter. Qube Research & Technologies Ltd now owns 9,253 shares of the company’s stock valued at $851,000 after purchasing an additional 7,895 shares in the last quarter. Finally, Ieq Capital LLC grew its stake in iShares Russell Mid-Cap ETF by 2.6% in the second quarter. Ieq Capital LLC now owns 86,647 shares of the company’s stock valued at $7,969,000 after purchasing an additional 2,199 shares during the last quarter. Institutional investors own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

IWR opened at $109.36 on Friday. The firm has a market capitalization of $55.77 billion, a PE ratio of 21.00 and a beta of 1.00. The business’s 50-day moving average is $108.25 and its two-hundred day moving average is $103.49. iShares Russell Mid-Cap ETF has a 1 year low of $91.36 and a 1 year high of $111.43.

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.