3,535 Shares in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Acquired by Summit Global Investments

Summit Global Investments acquired a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, HoldingsChannel reports. The fund acquired 3,535 shares of the company’s stock, valued at approximately $275,000.

A number of other institutional investors and hedge funds have also bought and sold shares of IWR. Anchor Capital Advisors LLC grew its stake in iShares Russell Mid-Cap ETF by 0.4% during the fourth quarter. Anchor Capital Advisors LLC now owns 31,624 shares of the company’s stock worth $2,458,000 after purchasing an additional 140 shares during the period. Ellenbecker Investment Group boosted its holdings in iShares Russell Mid-Cap ETF by 0.5% in the fourth quarter. Ellenbecker Investment Group now owns 26,450 shares of the company’s stock worth $2,055,000 after acquiring an additional 141 shares in the last quarter. Birch Hill Investment Advisors LLC grew its stake in iShares Russell Mid-Cap ETF by 1.4% in the fourth quarter. Birch Hill Investment Advisors LLC now owns 10,956 shares of the company’s stock valued at $852,000 after acquiring an additional 150 shares during the period. Octavia Wealth Advisors LLC increased its holdings in shares of iShares Russell Mid-Cap ETF by 4.9% during the third quarter. Octavia Wealth Advisors LLC now owns 3,503 shares of the company’s stock valued at $244,000 after acquiring an additional 165 shares in the last quarter. Finally, Hapanowicz & Associates Financial Services Inc raised its position in shares of iShares Russell Mid-Cap ETF by 0.8% during the fourth quarter. Hapanowicz & Associates Financial Services Inc now owns 21,619 shares of the company’s stock worth $1,680,000 after purchasing an additional 173 shares during the period.

iShares Russell Mid-Cap ETF Trading Up 1.2 %

NYSEARCA IWR opened at $81.72 on Tuesday. The company has a fifty day simple moving average of $81.48 and a 200 day simple moving average of $76.89. iShares Russell Mid-Cap ETF has a 12-month low of $64.66 and a 12-month high of $84.33. The company has a market cap of $33.67 billion, a P/E ratio of 19.78 and a beta of 1.02.

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.