Advisor Resource Council Takes Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Advisor Resource Council purchased a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 12,070 shares of the company’s stock, valued at approximately $1,010,000.

Several other institutional investors and hedge funds have also made changes to their positions in IWR. Saxon Interests Inc. raised its position in iShares Russell Mid-Cap ETF by 3.9% during the first quarter. Saxon Interests Inc. now owns 17,406 shares of the company’s stock worth $1,464,000 after acquiring an additional 649 shares during the last quarter. Nvest Financial LLC raised its position in shares of iShares Russell Mid-Cap ETF by 1.4% during the 1st quarter. Nvest Financial LLC now owns 37,884 shares of the company’s stock worth $3,186,000 after purchasing an additional 541 shares during the last quarter. MV Capital Management Inc. lifted its stake in iShares Russell Mid-Cap ETF by 1.3% in the 1st quarter. MV Capital Management Inc. now owns 56,960 shares of the company’s stock valued at $4,790,000 after buying an additional 713 shares in the last quarter. Woodmont Investment Counsel LLC acquired a new stake in iShares Russell Mid-Cap ETF during the 1st quarter valued at $78,000. Finally, Narus Financial Partners LLC grew its holdings in iShares Russell Mid-Cap ETF by 3.1% during the 1st quarter. Narus Financial Partners LLC now owns 5,882 shares of the company’s stock valued at $495,000 after buying an additional 176 shares during the last quarter.

iShares Russell Mid-Cap ETF Trading Up 0.2 %

Shares of NYSEARCA IWR traded up $0.13 during trading on Thursday, reaching $80.83. The company had a trading volume of 719,117 shares, compared to its average volume of 1,276,078. iShares Russell Mid-Cap ETF has a twelve month low of $64.66 and a twelve month high of $84.33. The stock has a 50-day moving average price of $81.46 and a two-hundred day moving average price of $80.14. The stock has a market capitalization of $33.39 billion, a PE ratio of 20.27 and a beta of 1.02.

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.