Cornerstone Wealth Management LLC Increases Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Cornerstone Wealth Management LLC grew its holdings in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,697 shares of the company’s stock after buying an additional 968 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,564,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Legacy Investment Solutions LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at about $26,000. First Pacific Financial purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at about $27,000. Future Financial Wealth Managment LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at about $30,000. Hoese & Co LLP bought a new position in iShares Russell Mid-Cap ETF during the 4th quarter valued at about $32,000. Finally, Highline Wealth Partners LLC bought a new position in iShares Russell Mid-Cap ETF during the 3rd quarter valued at about $41,000.

iShares Russell Mid-Cap ETF Trading Down 0.1 %

Shares of NYSEARCA:IWR opened at $92.63 on Friday. The company has a market capitalization of $38.27 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 12 month low of $76.25 and a 12 month high of $96.00. The firm’s 50-day moving average is $91.54 and its 200 day moving average is $88.06.

About iShares Russell Mid-Cap ETF

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.