Ridgeline Wealth LLC Invests $214,000 in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Ridgeline Wealth LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,422 shares of the company’s stock, valued at approximately $214,000.

Other institutional investors have also recently bought and sold shares of the company. Principal Financial Group Inc. grew its position in iShares Russell Mid-Cap ETF by 4.7% in the second quarter. Principal Financial Group Inc. now owns 69,684 shares of the company’s stock worth $5,650,000 after acquiring an additional 3,120 shares in the last quarter. National Bank of Canada FI raised its holdings in iShares Russell Mid-Cap ETF by 43.3% during the second quarter. National Bank of Canada FI now owns 1,548 shares of the company’s stock valued at $124,000 after buying an additional 468 shares in the last quarter. Private Advisor Group LLC raised its holdings in iShares Russell Mid-Cap ETF by 1.8% during the second quarter. Private Advisor Group LLC now owns 189,854 shares of the company’s stock valued at $15,393,000 after buying an additional 3,387 shares in the last quarter. Cullen Frost Bankers Inc. lifted its position in shares of iShares Russell Mid-Cap ETF by 60.2% in the second quarter. Cullen Frost Bankers Inc. now owns 51,603 shares of the company’s stock worth $4,184,000 after buying an additional 19,400 shares during the last quarter. Finally, Great Lakes Advisors LLC boosted its stake in shares of iShares Russell Mid-Cap ETF by 38.4% during the 2nd quarter. Great Lakes Advisors LLC now owns 133,250 shares of the company’s stock worth $10,804,000 after acquiring an additional 36,990 shares in the last quarter.

iShares Russell Mid-Cap ETF Price Performance

Shares of IWR stock traded up $0.07 during trading on Monday, reaching $89.53. The company had a trading volume of 1,275,950 shares, compared to its average volume of 1,202,350. The firm’s 50 day simple moving average is $91.57 and its two-hundred day simple moving average is $87.24. iShares Russell Mid-Cap ETF has a one year low of $75.00 and a one year high of $96.00. The company has a market capitalization of $36.98 billion, a PE ratio of 20.27 and a beta of 1.02.

About iShares Russell Mid-Cap ETF

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.