Ironwood Financial llc Makes New Investment in iShares Russell Mid-Cap ETF $IWR

Ironwood Financial llc bought a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 8,330 shares of the company’s stock, valued at approximately $889,000.

Several other hedge funds have also recently made changes to their positions in the company. HT Partners LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at about $2,876,000. Climber Capital SA increased its holdings in shares of iShares Russell Mid-Cap ETF by 0.7% in the third quarter. Climber Capital SA now owns 21,536 shares of the company’s stock valued at $2,298,000 after purchasing an additional 158 shares during the period. Focused Alpha LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 6.4% in the third quarter. Focused Alpha LLC now owns 8,708 shares of the company’s stock valued at $929,000 after purchasing an additional 521 shares during the period. Retirement Planning Group LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the third quarter valued at about $1,105,000. Finally, Columbia Asset Management purchased a new position in shares of iShares Russell Mid-Cap ETF in the third quarter worth about $1,160,000. 80.16% of the stock is owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Stock Up 1.2%

Shares of NYSEARCA:IWR opened at $109.60 on Wednesday. iShares Russell Mid-Cap ETF has a 52-week low of $91.64 and a 52-week high of $114.97. The stock has a market cap of $56.88 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00. The business has a 50-day moving average price of $110.32 and a 200-day moving average price of $108.14.

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. 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.