8,120 Shares of iShares Russell Mid-Cap ETF $IWR Acquired by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC bought a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 8,120 shares of the company’s stock, valued at approximately $866,000.

A number of other hedge funds also recently made changes to their positions in the business. Steph & Co. purchased a new position in shares of iShares Russell Mid-Cap ETF during the 3rd quarter valued at $11,870,000. LJI Wealth Management LLC grew its stake in iShares Russell Mid-Cap ETF by 2.8% during the third quarter. LJI Wealth Management LLC now owns 198,047 shares of the company’s stock valued at $21,134,000 after acquiring an additional 5,460 shares in the last quarter. Brookstone Capital Management bought a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter worth approximately $673,000. Whitener Capital Management Inc. increased its holdings in iShares Russell Mid-Cap ETF by 120.5% during the 2nd quarter. Whitener Capital Management Inc. now owns 9,199 shares of the company’s stock worth $1,015,000 after acquiring an additional 5,027 shares during the period. Finally, Montgomery Financial Services LLC bought a new stake in iShares Russell Mid-Cap ETF during the 2nd quarter worth approximately $1,670,000. 80.16% of the stock is currently owned by institutional investors.

iShares Russell Mid-Cap ETF Price Performance

Shares of NYSEARCA:IWR opened at $111.56 on Thursday. The firm has a fifty day moving average price of $109.64 and a two-hundred day moving average price of $106.15. iShares Russell Mid-Cap ETF has a one year low of $91.64 and a one year high of $114.97. The company has a market cap of $58.85 billion, a price-to-earnings ratio of 20.27 and a beta of 1.00.

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.