Townsend Asset Management Corp NC ADV Purchases 327 Shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Townsend Asset Management Corp NC ADV increased its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 10.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 3,477 shares of the company’s stock after purchasing an additional 327 shares during the period. Townsend Asset Management Corp NC ADV’s holdings in iShares Russell Mid-Cap ETF were worth $307,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in IWR. Roxbury Financial LLC purchased a new stake in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at about $25,000. 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 position in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $25,000. First Pacific Financial bought a new position in shares of iShares Russell Mid-Cap ETF during the 4th quarter valued at approximately $27,000. Finally, Hoese & Co LLP purchased a new stake in iShares Russell Mid-Cap ETF during the 4th quarter valued at $32,000.

iShares Russell Mid-Cap ETF Stock Up 1.2 %

Shares of IWR opened at $87.76 on Thursday. iShares Russell Mid-Cap ETF has a 52-week low of $78.36 and a 52-week high of $96.00. The company has a market cap of $38.20 billion, a PE ratio of 21.79 and a beta of 1.12. The business has a fifty day moving average of $90.59 and a 200 day moving average of $89.76.

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.