Bristlecone Advisors LLC Grows Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Bristlecone Advisors LLC grew its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 1.5% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 177,767 shares of the company’s stock after acquiring an additional 2,703 shares during the quarter. iShares Russell Mid-Cap ETF makes up approximately 1.3% of Bristlecone Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Bristlecone Advisors LLC’s holdings in iShares Russell Mid-Cap ETF were worth $15,668,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Paladin Advisory Group LLC acquired a new position in iShares Russell Mid-Cap ETF during the second quarter valued at approximately $27,000. Future Financial Wealth Managment LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter worth $30,000. Sage Mountain Advisors LLC increased its holdings in iShares Russell Mid-Cap ETF by 50.9% in the 2nd quarter. Sage Mountain Advisors LLC now owns 403 shares of the company’s stock valued at $33,000 after purchasing an additional 136 shares in the last quarter. Beaird Harris Wealth Management LLC acquired a new position in shares of iShares Russell Mid-Cap ETF during the first quarter worth about $40,000. Finally, Cultivar Capital Inc. purchased a new stake in shares of iShares Russell Mid-Cap ETF in the second quarter worth about $41,000.

iShares Russell Mid-Cap ETF Stock Performance

IWR stock opened at $88.30 on Friday. The firm has a market cap of $36.48 billion, a P/E ratio of 20.27 and a beta of 1.02. iShares Russell Mid-Cap ETF has a 1 year low of $64.66 and a 1 year high of $90.18. The stock has a 50-day simple moving average of $87.00 and a 200-day simple moving average of $83.59.

iShares Russell Mid-Cap ETF Company 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.