Pine Valley Investments Ltd Liability Co Acquires Shares of 4,584 iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Pine Valley Investments Ltd Liability Co bought a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the fourth quarter, HoldingsChannel.com reports. The fund bought 4,584 shares of the company’s stock, valued at approximately $405,000.

Several other hedge funds have also recently made changes to their positions in IWR. Summit Investment Advisory Services LLC increased its stake in iShares Russell Mid-Cap ETF by 2.1% during the fourth quarter. Summit Investment Advisory Services LLC now owns 7,688 shares of the company’s stock worth $680,000 after acquiring an additional 161 shares during the last quarter. Transcendent Capital Group LLC increased its position in shares of iShares Russell Mid-Cap ETF by 150.2% during the 3rd quarter. Transcendent Capital Group LLC now owns 523 shares of the company’s stock valued at $46,000 after purchasing an additional 314 shares during the last quarter. Brookstone Capital Management bought a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at approximately $268,000. Hilltop Holdings Inc. raised its holdings in iShares Russell Mid-Cap ETF by 1.9% during the 3rd quarter. Hilltop Holdings Inc. now owns 33,376 shares of the company’s stock valued at $2,942,000 after buying an additional 608 shares during the period. Finally, FMR LLC lifted its position in iShares Russell Mid-Cap ETF by 2.2% in the third quarter. FMR LLC now owns 2,872,877 shares of the company’s stock worth $253,215,000 after buying an additional 63,048 shares during the last quarter.

iShares Russell Mid-Cap ETF Price Performance

IWR stock opened at $89.41 on Thursday. iShares Russell Mid-Cap ETF has a twelve month low of $78.36 and a twelve month high of $96.00. The stock has a market capitalization of $38.92 billion, a price-to-earnings ratio of 21.79 and a beta of 1.12. The firm’s fifty day simple moving average is $90.71 and its two-hundred day simple moving average is $89.59.

iShares Russell Mid-Cap ETF Profile

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.