Nixon Peabody Trust Co. Purchases Shares of 3,500 iShares Russell Mid-Cap ETF (NYSEARCA:IWR)

Nixon Peabody Trust Co. purchased a new stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,500 shares of the company’s stock, valued at approximately $309,000.

A number of other institutional investors and hedge funds have also bought and sold shares of IWR. Newbridge Financial Services Group Inc. bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at about $25,000. Roxbury Financial LLC bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at about $25,000. Legacy Investment Solutions LLC bought a new stake in iShares Russell Mid-Cap ETF during the third quarter valued at about $26,000. First Pacific Financial bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at about $27,000. Finally, Hoese & Co LLP bought a new stake in iShares Russell Mid-Cap ETF during the fourth quarter valued at about $32,000.

iShares Russell Mid-Cap ETF Trading Up 1.2 %

Shares of IWR stock opened at $89.46 on Friday. iShares Russell Mid-Cap ETF has a 12-month low of $78.36 and a 12-month high of $96.00. The stock’s 50-day moving average price is $90.72 and its 200-day moving average price is $89.63. The stock has a market capitalization of $38.94 billion, a price-to-earnings ratio of 21.79 and a beta of 1.12.

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.