Argentarii LLC Makes New $1.40 Million Investment in iShares Russell Mid-Cap ETF $IWR

Argentarii LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 14,507 shares of the company’s stock, valued at approximately $1,397,000.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in iShares Russell Mid-Cap ETF by 4.2% in the fourth quarter. Brighton Jones LLC now owns 104,524 shares of the company’s stock worth $9,240,000 after buying an additional 4,189 shares in the last quarter. Revolve Wealth Partners LLC purchased a new position in shares of iShares Russell Mid-Cap ETF during the fourth quarter worth approximately $323,000. CreativeOne Wealth LLC lifted its holdings in shares of iShares Russell Mid-Cap ETF by 17.1% in the 2nd quarter. CreativeOne Wealth LLC now owns 12,635 shares of the company’s stock worth $1,162,000 after acquiring an additional 1,842 shares during the last quarter. XTX Topco Ltd bought a new stake in shares of iShares Russell Mid-Cap ETF in the 2nd quarter worth approximately $267,000. Finally, J.W. Cole Advisors Inc. boosted its stake in shares of iShares Russell Mid-Cap ETF by 19.9% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 35,655 shares of the company’s stock valued at $3,279,000 after purchasing an additional 5,907 shares in the last quarter. 80.16% of the stock is owned by institutional investors.

iShares Russell Mid-Cap ETF Stock Performance

IWR stock opened at $96.72 on Friday. The firm has a market cap of $46.26 billion, a P/E ratio of 21.00 and a beta of 1.06. The firm’s fifty day moving average is $100.25 and its 200 day moving average is $97.85. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $103.53.

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.