GGM Financials LLC Takes Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

GGM Financials LLC purchased a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, HoldingsChannel reports. The fund purchased 2,267 shares of the company’s stock, valued at approximately $200,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in IWR. Legacy Investment Solutions LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $26,000. Newbridge Financial Services Group Inc. purchased a new stake in iShares Russell Mid-Cap ETF during the 4th quarter valued at $25,000. First Pacific Financial bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $27,000. Hoese & Co LLP bought a new stake in iShares Russell Mid-Cap ETF in the fourth quarter worth $32,000. Finally, Highline Wealth Partners LLC purchased a new position in iShares Russell Mid-Cap ETF during the third quarter worth $41,000.

iShares Russell Mid-Cap ETF Trading Down 0.5 %

Shares of IWR opened at $92.16 on Monday. The company’s fifty day simple moving average is $91.19 and its 200-day simple moving average is $88.79. The company has a market cap of $38.07 billion, a P/E ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a twelve month low of $77.04 and a twelve month high of $96.00.

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.