Motiv8 Investments LLC Has $2.90 Million Stock Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Motiv8 Investments LLC increased its position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 5.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 32,763 shares of the company’s stock after purchasing an additional 1,812 shares during the quarter. iShares Russell Mid-Cap ETF accounts for 2.0% of Motiv8 Investments LLC’s portfolio, making the stock its 11th biggest holding. Motiv8 Investments LLC’s holdings in iShares Russell Mid-Cap ETF were worth $2,896,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Heritage Financial Services LLC grew its stake in iShares Russell Mid-Cap ETF by 4.9% in the fourth quarter. Heritage Financial Services LLC now owns 2,397 shares of the company’s stock valued at $212,000 after acquiring an additional 112 shares during the period. Holistic Financial Partners lifted its holdings in shares of iShares Russell Mid-Cap ETF by 2.4% in the 4th quarter. Holistic Financial Partners now owns 4,712 shares of the company’s stock worth $417,000 after purchasing an additional 112 shares in the last quarter. Certified Advisory Corp grew its position in iShares Russell Mid-Cap ETF by 1.1% in the 4th quarter. Certified Advisory Corp now owns 10,159 shares of the company’s stock valued at $898,000 after purchasing an additional 115 shares during the period. Meridian Financial Partners LLC raised its holdings in iShares Russell Mid-Cap ETF by 0.5% during the fourth quarter. Meridian Financial Partners LLC now owns 23,482 shares of the company’s stock worth $2,076,000 after buying an additional 116 shares during the last quarter. Finally, Raleigh Capital Management Inc. raised its holdings in iShares Russell Mid-Cap ETF by 28.1% during the fourth quarter. Raleigh Capital Management Inc. now owns 534 shares of the company’s stock worth $47,000 after buying an additional 117 shares during the last quarter.

iShares Russell Mid-Cap ETF Price Performance

Shares of NYSEARCA IWR opened at $89.41 on Thursday. The company has a 50-day moving average price of $90.71 and a 200-day moving average price of $89.59. The stock has a market capitalization of $38.92 billion, a P/E ratio of 21.79 and a beta of 1.12. iShares Russell Mid-Cap ETF has a 1 year low of $78.36 and a 1 year high of $96.00.

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.