Argentarii LLC Buys New Position in iShares Russell Mid-Cap ETF $IWR

Argentarii LLC acquired a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 14,507 shares of the company’s stock, valued at approximately $1,397,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Welch & Forbes LLC boosted its stake in iShares Russell Mid-Cap ETF by 0.5% in the third quarter. Welch & Forbes LLC now owns 22,832 shares of the company’s stock valued at $2,204,000 after acquiring an additional 105 shares during the last quarter. Hollencrest Capital Management increased its stake in shares of iShares Russell Mid-Cap ETF by 1.7% during the 3rd quarter. Hollencrest Capital Management now owns 6,226 shares of the company’s stock worth $601,000 after purchasing an additional 106 shares during the last quarter. Cornerstone Wealth Management LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 0.5% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 21,223 shares of the company’s stock worth $2,049,000 after purchasing an additional 114 shares during the last quarter. Objectivity Squared LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 3.7% in the 3rd quarter. Objectivity Squared LLC now owns 3,304 shares of the company’s stock worth $319,000 after purchasing an additional 117 shares during the period. Finally, Advisor OS LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 1.8% in the 3rd quarter. Advisor OS LLC now owns 6,854 shares of the company’s stock worth $662,000 after purchasing an additional 118 shares during the period. 80.16% of the stock is owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Trading Down 1.4%

Shares of NYSEARCA IWR opened at $96.72 on Friday. The stock has a fifty day simple moving average of $100.25 and a two-hundred day simple moving average of $97.85. iShares Russell Mid-Cap ETF has a 1-year low of $73.17 and a 1-year high of $103.53. The firm has a market cap of $46.26 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06.

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. 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.