MV Capital Management Inc. Has $6.68 Million Stock Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

MV Capital Management Inc. grew its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 27.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 75,609 shares of the company’s stock after purchasing an additional 16,515 shares during the period. MV Capital Management Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $6,684,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Okabena Investment Services Inc. lifted its position in shares of iShares Russell Mid-Cap ETF by 2.8% in the 4th quarter. Okabena Investment Services Inc. now owns 11,980 shares of the company’s stock valued at $1,059,000 after acquiring an additional 330 shares in the last quarter. Allstate Corp purchased a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at $977,000. RiverFront Investment Group LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 20.4% during the fourth quarter. RiverFront Investment Group LLC now owns 9,313 shares of the company’s stock valued at $823,000 after buying an additional 1,581 shares in the last quarter. Level Four Advisory Services LLC raised its position in iShares Russell Mid-Cap ETF by 3.7% during the fourth quarter. Level Four Advisory Services LLC now owns 57,964 shares of the company’s stock valued at $5,124,000 after buying an additional 2,072 shares during the period. Finally, Orion Portfolio Solutions LLC lifted its stake in iShares Russell Mid-Cap ETF by 8.7% in the 4th quarter. Orion Portfolio Solutions LLC now owns 30,076 shares of the company’s stock worth $2,659,000 after acquiring an additional 2,399 shares in the last quarter.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR opened at $84.63 on Friday. The company has a market capitalization of $37.87 billion, a price-to-earnings ratio of 20.81 and a beta of 1.13. The business’s 50-day moving average is $89.34 and its 200-day moving average is $89.75. iShares Russell Mid-Cap ETF has a fifty-two week low of $78.36 and a fifty-two week high of $96.01.

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.