Pinnacle Wealth Management Advisory Group LLC Has $927,000 Holdings in iShares Russell Mid-Cap ETF $IWR

Pinnacle Wealth Management Advisory Group LLC lessened its position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 39.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,538 shares of the company’s stock after selling 6,260 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $927,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. HFM Investment Advisors LLC bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at $28,000. KERR FINANCIAL PLANNING Corp bought a new position in shares of iShares Russell Mid-Cap ETF in the 3rd quarter worth about $32,000. Reflection Asset Management bought a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter worth about $33,000. Commonwealth Retirement Investments LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at about $41,000. Finally, TD Capital Management LLC acquired a new position in shares of iShares Russell Mid-Cap ETF in the 4th quarter valued at about $42,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $109.58 on Friday. The stock’s 50-day moving average is $106.07 and its 200 day moving average is $101.74. iShares Russell Mid-Cap ETF has a one year low of $91.09 and a one year high of $110.74. The firm has a market cap of $55.12 billion, a price-to-earnings ratio of 21.00 and a beta of 1.00.

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. The Index is a float-adjusted, capitalization-weighted index of the 800 smallest issuers in the Russell 1000 Index. The Index includes equity securities issued by issuers, which range in size between approximately $1.7 billion and $12 billion, though these amounts may change from time to time.