First Trust Advisors LP Acquires Shares of 2,383 iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

First Trust Advisors LP purchased a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the fourth quarter, Holdings Channel reports. The institutional investor purchased 2,383 shares of the company’s stock, valued at approximately $211,000.

A number of other hedge funds have also added to or reduced their stakes in IWR. Generation Capital Management LLC bought a new position in iShares Russell Mid-Cap ETF in the 4th quarter worth about $1,447,000. GeoWealth Management LLC lifted its position in iShares Russell Mid-Cap ETF by 310,500.0% in the fourth quarter. GeoWealth Management LLC now owns 9,318 shares of the company’s stock valued at $824,000 after purchasing an additional 9,315 shares during the last quarter. Fairfield Bush & CO. boosted its position in iShares Russell Mid-Cap ETF by 47.3% during the 4th quarter. Fairfield Bush & CO. now owns 5,233 shares of the company’s stock valued at $463,000 after buying an additional 1,680 shares during the period. First Commonwealth Financial Corp PA boosted its holdings in shares of iShares Russell Mid-Cap ETF by 3.1% during the fourth quarter. First Commonwealth Financial Corp PA now owns 8,618 shares of the company’s stock worth $762,000 after purchasing an additional 258 shares during the period. Finally, Zacks Investment Management grew its position in shares of iShares Russell Mid-Cap ETF by 342.4% in the 4th quarter. Zacks Investment Management now owns 54,821 shares of the company’s stock worth $4,846,000 after buying an additional 42,428 shares during the last quarter.

iShares Russell Mid-Cap ETF Trading Down 0.0%

Shares of NYSEARCA IWR opened at $86.67 on Monday. iShares Russell Mid-Cap ETF has a 12 month low of $73.17 and a 12 month high of $96.01. The firm has a market capitalization of $39.63 billion, a PE ratio of 19.36 and a beta of 1.06. The firm has a fifty day simple moving average of $83.32 and a two-hundred day simple moving average of $88.48.

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.