Pinnacle Wealth Management Advisory Group LLC Boosts Holdings in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Pinnacle Wealth Management Advisory Group LLC grew its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 33.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,798 shares of the company’s stock after purchasing an additional 3,989 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,397,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Moss Adams Wealth Advisors LLC raised its stake in shares of iShares Russell Mid-Cap ETF by 21.0% during the third quarter. Moss Adams Wealth Advisors LLC now owns 7,038 shares of the company’s stock valued at $620,000 after purchasing an additional 1,223 shares during the period. Raymond James & Associates raised its stake in shares of iShares Russell Mid-Cap ETF by 2.6% during the third quarter. Raymond James & Associates now owns 1,454,215 shares of the company’s stock valued at $128,175,000 after purchasing an additional 36,255 shares during the period. Summit Investment Advisory Services LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 2.1% in the fourth quarter. Summit Investment Advisory Services LLC now owns 7,688 shares of the company’s stock worth $680,000 after buying an additional 161 shares during the last quarter. Transcendent Capital Group LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 150.2% in the third quarter. Transcendent Capital Group LLC now owns 523 shares of the company’s stock worth $46,000 after buying an additional 314 shares during the last quarter. Finally, Brookstone Capital Management bought a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth $268,000.

iShares Russell Mid-Cap ETF Trading Down 0.0 %

Shares of NYSEARCA:IWR opened at $92.30 on Friday. The company has a fifty day simple moving average of $90.90 and a 200 day simple moving average of $89.05. The firm has a market cap of $38.13 billion, a PE ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 12-month low of $78.36 and a 12-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.