Fairscale Capital LLC Purchases New Position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Fairscale Capital LLC acquired a new position in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, Holdings Channel.com reports. The firm acquired 302 shares of the company’s stock, valued at approximately $27,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. IFG Advisors LLC boosted its stake in iShares Russell Mid-Cap ETF by 0.7% during the fourth quarter. IFG Advisors LLC now owns 15,992 shares of the company’s stock valued at $1,414,000 after buying an additional 110 shares during the period. Heritage Financial Services LLC raised its holdings in shares of iShares Russell Mid-Cap ETF by 4.9% in the 4th 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 in the last quarter. Holistic Financial Partners raised its stake in iShares Russell Mid-Cap ETF by 2.4% in the fourth quarter. Holistic Financial Partners now owns 4,712 shares of the company’s stock valued at $417,000 after purchasing an additional 112 shares in the last quarter. Certified Advisory Corp grew its stake 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 worth $898,000 after buying an additional 115 shares in the last quarter. Finally, Meridian Financial Partners LLC grew its stake in iShares Russell Mid-Cap ETF by 0.5% in the 4th 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 in the last quarter.

iShares Russell Mid-Cap ETF Stock Up 0.7 %

NYSEARCA IWR opened at $86.76 on Monday. iShares Russell Mid-Cap ETF has a 12-month low of $78.36 and a 12-month high of $96.00. The company has a 50-day simple moving average of $90.46 and a two-hundred day simple moving average of $89.82. The firm has a market cap of $38.02 billion, a price-to-earnings ratio of 20.66 and a beta of 1.13.

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.