Erste Asset Management GmbH Invests $2.69 Million in iShares Russell Mid-Cap ETF $IWR

Erste Asset Management GmbH bought a new position in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 27,900 shares of the company’s stock, valued at approximately $2,686,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. HFM Investment Advisors LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth $28,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of iShares Russell Mid-Cap ETF in the third quarter worth $32,000. Smartleaf Asset Management LLC boosted its position in shares of iShares Russell Mid-Cap ETF by 192.0% in the third quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock worth $39,000 after buying an additional 263 shares during the period. Dorato Capital Management acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth $43,000. Finally, Basepoint Wealth LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth $43,000. Institutional investors and hedge funds own 80.16% of the company’s stock.

iShares Russell Mid-Cap ETF Stock Up 0.6%

Shares of iShares Russell Mid-Cap ETF stock opened at $106.92 on Wednesday. The stock has a market cap of $53.78 billion, a PE ratio of 21.00 and a beta of 1.00. The business has a fifty day simple moving average of $103.74 and a 200-day simple moving average of $100.62. iShares Russell Mid-Cap ETF has a 12 month low of $88.83 and a 12 month high of $108.65.

iShares Russell Mid-Cap ETF 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.