Samalin Investment Counsel LLC Buys New Position in iShares Russell Mid-Cap ETF $IWR

Samalin Investment Counsel LLC acquired a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 37,903 shares of the company’s stock, valued at approximately $4,045,000. iShares Russell Mid-Cap ETF makes up about 1.2% of Samalin Investment Counsel LLC’s portfolio, making the stock its 16th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in IWR. Beacon Capital Management LLC increased its holdings in iShares Russell Mid-Cap ETF by 30.4% during the 3rd quarter. Beacon Capital Management LLC now owns 4,649 shares of the company’s stock worth $496,000 after purchasing an additional 1,085 shares in the last quarter. Compass Ion Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at about $247,000. Valley National Advisers Inc. acquired a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at about $414,000. Bernardo Wealth Planning LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 69.3% in the third quarter. Bernardo Wealth Planning LLC now owns 5,958 shares of the company’s stock valued at $636,000 after purchasing an additional 2,439 shares in the last quarter. Finally, Richardson Capital Management LLC bought a new stake in shares of iShares Russell Mid-Cap ETF in the third quarter valued at about $632,000. 80.16% of the stock is currently owned by institutional investors and hedge funds.

iShares Russell Mid-Cap ETF Price Performance

IWR stock opened at $109.47 on Monday. The stock has a market capitalization of $56.91 billion, a P/E ratio of 21.00 and a beta of 1.00. The business has a 50-day moving average of $110.04 and a 200-day moving average of $108.38. iShares Russell Mid-Cap ETF has a fifty-two week low of $91.64 and a fifty-two week high of $114.97.

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. 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.