SVB Wealth LLC Makes New Investment in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

SVB Wealth LLC acquired a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 13,220 shares of the company’s stock, valued at approximately $1,169,000.

Other hedge funds also recently made changes to their positions in the company. Summit Investment Advisory Services LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.1% during the fourth quarter. Summit Investment Advisory Services LLC now owns 7,688 shares of the company’s stock worth $680,000 after buying an additional 161 shares during the last quarter. Transcendent Capital Group LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 150.2% during the third quarter. Transcendent Capital Group LLC now owns 523 shares of the company’s stock worth $46,000 after buying an additional 314 shares during the last quarter. Brookstone Capital Management purchased a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth about $268,000. Hilltop Holdings Inc. grew its holdings in shares of iShares Russell Mid-Cap ETF by 1.9% during the third quarter. Hilltop Holdings Inc. now owns 33,376 shares of the company’s stock worth $2,942,000 after buying an additional 608 shares during the last quarter. Finally, FMR LLC grew its holdings in shares of iShares Russell Mid-Cap ETF by 2.2% during the third quarter. FMR LLC now owns 2,872,877 shares of the company’s stock worth $253,215,000 after buying an additional 63,048 shares during the last quarter.

iShares Russell Mid-Cap ETF Stock Up 1.2 %

NYSEARCA IWR opened at $89.46 on Monday. iShares Russell Mid-Cap ETF has a 52-week low of $78.36 and a 52-week high of $96.00. The business’s 50-day moving average price is $90.72 and its 200 day moving average price is $89.73. The firm has a market cap of $38.94 billion, a P/E ratio of 21.79 and a beta of 1.12.

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.