Rialto Wealth Management LLC Makes New $59,000 Investment in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Rialto Wealth Management LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 667 shares of the company’s stock, valued at approximately $59,000.

A number of other hedge funds also recently made changes to their positions in IWR. Roxbury Financial LLC bought a new stake in iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $25,000. Legacy Investment Solutions LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the third quarter worth approximately $26,000. Newbridge Financial Services Group Inc. bought a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $25,000. First Pacific Financial purchased a new stake in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at $27,000. Finally, Hoese & Co LLP bought a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at $32,000.

iShares Russell Mid-Cap ETF Stock Up 0.7 %

Shares of NYSEARCA:IWR opened at $86.76 on Monday. The stock has a market cap of $38.02 billion, a PE ratio of 20.66 and a beta of 1.13. The company’s fifty day moving average is $90.46 and its 200 day moving average is $89.82. iShares Russell Mid-Cap ETF has a 52 week low of $78.36 and a 52 week high of $96.00.

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.