M Holdings Securities Inc. Makes New Investment in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

M Holdings Securities Inc. purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, HoldingsChannel reports. The fund purchased 889 shares of the company’s stock, valued at approximately $79,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Newbridge Financial Services Group Inc. acquired a new position in iShares Russell Mid-Cap ETF during the fourth quarter worth about $25,000. Roxbury Financial LLC acquired a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at approximately $25,000. Legacy Investment Solutions LLC bought a new stake in iShares Russell Mid-Cap ETF during the third quarter worth approximately $26,000. First Pacific Financial acquired a new position in iShares Russell Mid-Cap ETF in the fourth quarter worth approximately $27,000. Finally, Fairscale Capital LLC acquired a new position in iShares Russell Mid-Cap ETF in the fourth quarter worth approximately $27,000.

iShares Russell Mid-Cap ETF Stock Performance

Shares of NYSEARCA:IWR opened at $85.54 on Friday. The company has a market capitalization of $37.48 billion, a PE ratio of 20.66 and a beta of 1.13. The stock has a fifty day moving average of $89.71 and a 200-day moving average of $89.72. iShares Russell Mid-Cap ETF has a one year low of $78.36 and a one year high of $96.01.

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.