Kendall Capital Management Grows Stake in iShares Russell Mid-Cap ETF $IWR

Kendall Capital Management boosted its stake in shares of iShares Russell Mid-Cap ETF (NYSEARCA:IWR – Free Report) by 89.7% during the 4th quarter, HoldingsChannel reports. The fund owned 11,000 shares of the company’s stock after purchasing an additional 5,200 shares during the period. Kendall Capital Management’s holdings in iShares Russell Mid-Cap ETF were worth $1,059,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. KERR FINANCIAL PLANNING Corp bought a new stake in shares of iShares Russell Mid-Cap ETF in the 3rd quarter valued at approximately $32,000. Smartleaf Asset Management LLC increased its position in shares of iShares Russell Mid-Cap ETF by 192.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 400 shares of the company’s stock valued at $39,000 after purchasing an additional 263 shares during the last quarter. Dorato Capital Management purchased a new stake in iShares Russell Mid-Cap ETF during the 4th quarter valued at $43,000. Cary Street Partners Investment Advisory LLC purchased a new stake in iShares Russell Mid-Cap ETF during the 3rd quarter valued at $47,000. Finally, Cornerstone Planning Group LLC bought a new stake in iShares Russell Mid-Cap ETF in the third quarter worth $55,000. 80.16% of the stock is currently owned by hedge funds and other institutional investors.

iShares Russell Mid-Cap ETF Stock Up 0.4%

NYSEARCA IWR opened at $98.34 on Friday. iShares Russell Mid-Cap ETF has a 52 week low of $73.17 and a 52 week high of $103.53. The firm has a market capitalization of $47.03 billion, a price-to-earnings ratio of 21.00 and a beta of 1.06. The company has a fifty day moving average of $99.87 and a two-hundred day moving average of $97.85.

About iShares Russell Mid-Cap ETF

(Free Report)

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.

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