Bedel Financial Consulting Inc. raised its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 26.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 36,765 shares of the company’s stock after purchasing an additional 7,614 shares during the period. iShares Russell Mid-Cap ETF makes up approximately 0.5% of Bedel Financial Consulting Inc.’s investment portfolio, making the stock its 25th biggest position. Bedel Financial Consulting Inc.’s holdings in iShares Russell Mid-Cap ETF were worth $3,403,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in IWR. Newbridge Financial Services Group Inc. purchased a new position in iShares Russell Mid-Cap ETF in the 4th quarter valued at about $25,000. Roxbury Financial LLC purchased a new position in iShares Russell Mid-Cap ETF in the 4th quarter valued at about $25,000. Legacy Investment Solutions LLC bought a new position in shares of iShares Russell Mid-Cap ETF during the third quarter worth about $26,000. First Pacific Financial bought a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth about $27,000. Finally, Hoese & Co LLP bought a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth about $32,000.
iShares Russell Mid-Cap ETF Stock Performance
Shares of IWR stock opened at $88.11 on Tuesday. iShares Russell Mid-Cap ETF has a one year low of $78.36 and a one year high of $96.00. The company’s 50-day simple moving average is $90.70 and its 200-day simple moving average is $89.76. The stock has a market capitalization of $38.35 billion, a price-to-earnings 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.
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