Nolet Wealth Management LLC Takes $499,000 Position in iShares Russell Mid-Cap ETF $IWR

Nolet Wealth Management LLC bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 5,185 shares of the company’s stock, valued at approximately $499,000.

Other institutional investors also recently modified their holdings of the company. Corepath Wealth Partners LLC lifted its stake in shares of iShares Russell Mid-Cap ETF by 282.0% in the third quarter. Corepath Wealth Partners LLC now owns 17,110 shares of the company’s stock valued at $1,665,000 after buying an additional 12,631 shares in the last quarter. Tompkins Financial Corp increased its position in shares of iShares Russell Mid-Cap ETF by 465.7% during the fourth quarter. Tompkins Financial Corp now owns 116,276 shares of the company’s stock worth $11,194,000 after acquiring an additional 95,723 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in shares of iShares Russell Mid-Cap ETF by 163.8% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 39,916 shares of the company’s stock worth $3,885,000 after acquiring an additional 24,782 shares in the last quarter. Argentarii LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth about $1,397,000. Finally, Becker Capital Management Inc. acquired a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth about $1,173,000. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA IWR opened at $108.54 on Friday. iShares Russell Mid-Cap ETF has a fifty-two week low of $88.83 and a fifty-two week high of $110.22. The stock has a market cap of $54.60 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. The firm’s 50-day simple moving average is $105.19 and its 200 day simple moving average is $101.26.

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.