BankPlus Wealth Management LLC Makes New Investment in iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

BankPlus Wealth Management LLC bought a new stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 22,997 shares of the company’s stock, valued at approximately $2,033,000. iShares Russell Mid-Cap ETF accounts for 1.5% of BankPlus Wealth Management LLC’s investment portfolio, making the stock its 15th biggest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. Legacy Investment Solutions LLC purchased a new position in iShares Russell Mid-Cap ETF in the 3rd quarter valued at $26,000. First Pacific Financial acquired a new stake in shares of iShares Russell Mid-Cap ETF in the fourth quarter valued at about $27,000. Future Financial Wealth Managment LLC acquired a new stake in shares of iShares Russell Mid-Cap ETF in the third quarter valued at about $30,000. Hoese & Co LLP purchased a new position in shares of iShares Russell Mid-Cap ETF in the fourth quarter worth about $32,000. Finally, Highline Wealth Partners LLC acquired a new position in iShares Russell Mid-Cap ETF during the third quarter worth about $41,000.

iShares Russell Mid-Cap ETF Trading Down 0.7 %

IWR stock opened at $91.99 on Tuesday. The firm has a 50-day moving average of $91.57 and a two-hundred day moving average of $88.24. iShares Russell Mid-Cap ETF has a 12 month low of $76.25 and a 12 month high of $96.00. The company has a market cap of $38.00 billion, a price-to-earnings ratio of 20.27 and a beta of 1.02.

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.