iShares Russell Mid-Cap ETF (NYSEARCA:IWR) Stake Lifted by Pinnacle Wealth Management Advisory Group LLC

Pinnacle Wealth Management Advisory Group LLC raised its stake in iShares Russell Mid-Cap ETF (NYSEARCA:IWR) by 33.8% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 15,798 shares of the company’s stock after buying an additional 3,989 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in iShares Russell Mid-Cap ETF were worth $1,397,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Strategic Financial Concepts LLC lifted its position in iShares Russell Mid-Cap ETF by 9,889.6% in the 4th quarter. Strategic Financial Concepts LLC now owns 544,732 shares of the company’s stock valued at $48,154,000 after purchasing an additional 539,279 shares during the last quarter. International Assets Investment Management LLC increased its stake in shares of iShares Russell Mid-Cap ETF by 15,459.0% in the third quarter. International Assets Investment Management LLC now owns 479,217 shares of the company’s stock valued at $42,238,000 after purchasing an additional 476,137 shares during the period. Proficio Capital Partners LLC bought a new stake in shares of iShares Russell Mid-Cap ETF during the third quarter valued at approximately $32,886,000. JPMorgan Chase & Co. boosted its position in shares of iShares Russell Mid-Cap ETF by 2.9% during the third quarter. JPMorgan Chase & Co. now owns 7,059,914 shares of the company’s stock worth $622,261,000 after buying an additional 198,719 shares during the period. Finally, PFW Advisors LLC bought a new position in iShares Russell Mid-Cap ETF in the 4th quarter worth approximately $17,061,000.

iShares Russell Mid-Cap ETF Price Performance

Shares of iShares Russell Mid-Cap ETF stock opened at $92.30 on Friday. iShares Russell Mid-Cap ETF has a 1-year low of $78.36 and a 1-year high of $96.00. The business’s fifty day moving average price is $90.90 and its two-hundred day moving average price is $89.05. The company has a market capitalization of $38.13 billion, a P/E ratio of 20.27 and a beta of 1.02.

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.